---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-021016"
form_type: "8-K"
ticker: "UNG"
cik: "0001376227"
company_name: "United States Natural Gas Fund, LP"
filed_at: "2026-02-27T23:59:59+00:00"
generated_at: "2026-05-15T23:00:24.822235+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# UNG reports Jan 2026 net income of $252.4M; NAV per share $16.88

## Summary
- Net income of $252.4M driven by $98.9M realized gain on futures and $107.9M unrealized gain.
- Total expenses of $671K; management fees $311K, brokerage commissions $216K.
- Net asset value ended at $446.3M on 26.4M shares outstanding (NAV/share $16.88).
- Additions of 35.7M shares ($389.4M) and withdrawals of 54.4M shares ($746.1M) during month.
- Interest and dividend income combined $1.68M; swap contracts contributed $44.5M realized gain.

## SEC filing metadata
- accession: 0001104659-26-021016
- form_type: 8-K
- ticker: UNG
- cik: 0001376227
- company_name: United States Natural Gas Fund, LP
- filed_at: 2026-02-27T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376227/000110465926021016/0001104659-26-021016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376227/000110465926021016/tm266376d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-021016
- JSON: https://secwatch.observer/filing/0001104659-26-021016.json
- Plain text: https://secwatch.observer/filing/0001104659-26-021016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.