{"schema_version":"secwatch.filing_event.v1","accession":"0002071876-26-000067","form_type":"8-K","ticker":"UNG","cik":"0001376227","company_name":"United States Natural Gas Fund, LP","filed_at":"2026-03-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.943387+00:00","generated_at":"2026-05-15T08:34:45.602271+00:00","sec_items":["7.01","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"UNG reports 2025 net income of $34.2M, NAV per share down to $12.20 from $16.85","bullets":["Net income of $34.2M in 2025 vs $65.1M in 2024; net loss of $671.3M in 2023.","Total partners' capital fell to $550.6M from $743.8M; net asset value per share $12.20 (12/31/25) vs $16.85 (12/31/24).","Realized gains on futures of $138.3M offset by $79.8M unrealized loss; fund had net share redemptions of $227.4M during 2025.","Auditor issued unqualified opinion on financial statements and internal control over financial reporting; no critical audit matters.","Cash and cash equivalents declined to $438.5M from $593.5M; equity in trading accounts increased to $138.4M from $83.6M."],"urls":{"canonical":"https://secwatch.observer/filing/0002071876-26-000067","json":"https://secwatch.observer/filing/0002071876-26-000067.json","markdown":"https://secwatch.observer/filing/0002071876-26-000067.md","text":"https://secwatch.observer/filing/0002071876-26-000067.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1376227/000207187626000067/0002071876-26-000067-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1376227/000207187626000067/i26129_ung-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:34:45.602271+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}