UNG posts FY2023 net loss of $671M vs net income of $75M in FY2022

United States Natural Gas Fund, LP

Net loss of $671M ($17.87 per weighted avg share) vs net income of $75M ($13.71) in 2022.
Realized losses on closed futures: $763M and OTC swaps: $145M; offset by unrealized gains of $185M and $15M.
Interest and dividend income: $46.7M in 2023 vs $7.3M in 2022.
Year-end partners' capital $973.9M, NAV per share $20.36 (post-1-for-4 reverse split effective Jan 23, 2024).

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