---
schema_version: "secwatch.filing_event.v1"
accession: "0001171200-24-000075"
form_type: "8-K"
ticker: "UNG"
cik: "0001376227"
company_name: "United States Natural Gas Fund, LP"
filed_at: "2024-03-21T23:59:59+00:00"
generated_at: "2026-06-04T09:43:32.888715+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# USCF reports cash drop to $2.6M; member's equity falls to $6.2M for year-end 2023

## Summary
- Cash and cash equivalents decreased to $2.6M from $8.2M as of Dec 31, 2022.
- Total assets $8.7M, down from $13.3M; member's equity $6.2M, down from $10.4M.
- Management fees receivable $1.4M, concentrated in USO (40%) and UNG (35%).
- Optimum Strategies action dismissed with prejudice on federal claims in March 2023; no appeal filed.
- Settlement of SEC and CFTC investigations noted but details truncated; loss contingency disclosure remains.

## SEC filing metadata
- accession: 0001171200-24-000075
- form_type: 8-K
- ticker: UNG
- cik: 0001376227
- company_name: United States Natural Gas Fund, LP
- filed_at: 2024-03-21T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376227/000117120024000075/0001171200-24-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376227/000117120024000075/i24085_ung-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171200-24-000075
- JSON: https://secwatch.observer/filing/0001171200-24-000075.json
- Plain text: https://secwatch.observer/filing/0001171200-24-000075.txt

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