earnings
confidence high
sentiment positive
materiality 0.65
UGA reports FY2024 net income $5.6M, NAV per share $62.94, up from $60.64
United States Gasoline Fund, LP
- Net income $5,636,231 ($2.30 per share) vs $539,056 ($0.89) in 2023; total income $6.66M.
- Unrealized gain on futures $2.76M at year-end vs unrealized loss $1.66M in 2023; realized trading loss $2.72M.
- Total partners' capital $100.7M, NAV per share $62.94 (Dec 31, 2024) vs $60.64 (Dec 31, 2023).
- Fund issued 1.35M shares and redeemed 1.15M shares during 2024; net financing inflows $10.2M.
- Annual expenses $1.02M including management fees $0.60M; unqualified audit opinion from Cohen & Company.