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:   2024-03-27T23:59:59+00:00
Accession:  0001171200-24-000105
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376227/000117120024000105/0001171200-24-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376227/000117120024000105/i24092_ung-8k.htm
  HTML page:      https://secwatch.observer/filing/0001171200-24-000105

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