secwatch.observer — SEC 8-K summary
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Issuer:     United States Natural Gas Fund, LP (UNG)
CIK:        0001376227
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0001104659-26-035704
Event type: other_material
Sentiment:  negative
Materiality: 0.30
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UNG posts $151M net loss in February; NAV per share drops to $11.50
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- Net loss of $151.4M for February 2026; NAV per share $11.50 at month end (37.85M shares outstanding).
- Additions of 22.0M shares ($273.9M) and withdrawals of 10.6M shares ($133.4M) during the month.
- Unrealized losses on commodity futures ($128.0M) and swap contracts ($25.3M) drove the net loss.
- Realized gains on futures ($27.3M) were offset by realized losses on swaps ($26.1M); total income (loss) negative $151.0M.
- Total expenses were $414.6K, including $193.3K in general partner management fees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376227/000110465926035704/0001104659-26-035704-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376227/000110465926035704/tm268499d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-035704

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer