Robert L. Nguyen
On May 19, 2025, Mr. Robert L. Nguyen tendered his resignation as a Management Director of the United States Commodity Funds LLC (“USCF”),
Highest-materiality recent filing
United States Gasoline Fund NAV at $104.78, net loss $18.1M for May 2026
Net loss of $18,128,357 for the month ended May 31, 2026.
UGA reports April 2026 net income of $18M, NAV per share of $119.68
Net income of $18,014,427 from realized/unrealized gains on futures, dividends, and interest.
UGA reports $44.1M net income for March 2026; NAV per share $103.44
Net income of $44.1M driven by $44.9M realized trading gain on commodity futures.
UGA reports Feb 2026 net income of $5.1M; NAV per share $72.64
Net income for month ended Feb 28, 2026: $5,084,513, led by $4,131,591 realized futures gains.
UGA posts net loss of $3.9M for FY2025 vs net income of $5.6M in FY2024
Net loss of $3,921,792 ($1.17 per share) for year ended Dec 31, 2025; net income of $5,636,231 ($2.30 per share) in 2024.
GP USCF reports audited financials; cash down 32% to $1.5M
Cash and equivalents $1.54M at Dec 31, 2025, down 32% from $2.27M at Dec 31, 2024.
United States Gasoline Fund reports Jan 2026 net income of $9.0M; NAV per share $68.99
Net income $9,027,829 on total income $9,099,626; expenses $71,797.
United States Gasoline Fund reports net loss of $4.8M for Dec 2025; NAV $61.77
Net loss of $4,821,711 for month ended December 31, 2025.
UGA reports monthly net loss of $576,888 for November 2025; NAV per share $65.65
Net loss of $576,888; realized trading gain $6.4M offset by unrealized loss $7.1M.
UGA October 2025 monthly account statement: net income $205K, NAV per share $65.71
Net income of $204,784 for month ended October 31, 2025.
UGA reports September 2025 NAV of $64.30 and net income of $726,414
Net income for month ended Sep 30, 2025: $726,414, from realized trading gain of $5.1M partially offset by unrealized loss of $4.6M.
UGA reports net loss of $1.2M for August; NAV per share $63.72
Net loss of $1,196,408 for month ended Aug 31, 2025; realized trading loss of $1,969,641.
United States Gasoline Fund reports net income of $5.4M for July 2025; NAV per share $64.63
Net income of $5,382,310 for July 2025; income from trading gains, dividends, and interest.
UGA reports June 2025 net income of $2.59M; NAV per share $60.28
Net income for June 2025 was $2,593,704 on total income of $2,660,143.
UGA reports May 2025 net income of $1.38M; NAV per share $58.12
Net income for May 2025 was $1,375,680 on total income of $1,440,102 and expenses of $64,422.
UGA reports net loss of $9.7M for April; NAV per share $56.97 as of April 30, 2025
Net loss of $9,674,985 for month ended April 30, 2025, driven by realized and unrealized trading losses on gasoline futures.
Robert L. Nguyen resigns as UGA general partner's Management Director; board reduced to three
Robert L. Nguyen resigned as Management Director of USCF (general partner of UGA), effective May 31, 2025.
United States Gasoline Fund reports March 2025 net income $2.86M, NAV $64.28/share
Net income $2.856M; realized trading loss $5.43M, unrealized gain $8.05M.
UGA posts $2.09M net loss for February; NAV per share $62.21
Net loss of $2,092,437 on total income of ($2,010,422) and expenses of $82,015.
UGA reports FY2024 net income $5.6M, NAV per share $62.94, up from $60.64
Net income $5,636,231 ($2.30 per share) vs $539,056 ($0.89) in 2023; total income $6.66M.
USCF (GP of UGA) files audited FY2024 balance sheet; member equity $5.3M, down 15%
Total assets $7.1M at Dec 31, 2024 vs $8.7M in 2023; cash & equivalents $2.3M.
UGA reports $1.3M net income in Jan 2025; NAV of $63.71 per share
Net income of $1.3M driven by $7.9M realized trading gain partially offset by $6.8M unrealized loss.
US Gasoline Fund reports December 2024 monthly account statement
Net income of $5.43M for month ended Dec 31, 2024; NAV per share $62.94.
UGA reports monthly net loss of $2.43M for November 2024
Net loss of $2,428,913; realized trading loss of $3,341,445 partially offset by unrealized gain of $631,478.
UGA October 2024 monthly net income $4.2M; NAV per share $60.94
Net income of $4,220,077 on total income $4,318,567 and expenses $98,490.
UGA posts $5.6M net loss for September; NAV per share $58.51
Net loss of $5,626,890 for month ended Sep 30, 2024.
UGA posts $7.45M net loss for August 2024; NAV per share $62.24
Net loss of $7,449,721 for month ended August 31, 2024.
United States Gasoline Fund reports July 2024 monthly account statement with net loss of $662,795
Net loss of $662,795 for July 2024; realized trading gain of $4,774,694 offset by unrealized loss of $5,792,178.
UGA reports net income of $5.1M for June; NAV per share $67.49
Net income of $5,108,400 for June 2024, with total income of $5,191,218 and expenses of $82,818.
UGA reports May net loss of $9.35M; NAV per share $64.67
Net loss of $9,352,274 for May 2024; realized trading loss of $10.38M on commodity futures.
United States Gasoline Fund reports April 2024 net income of $478,606; NAV $71.31
Net income for April 2024 was $478,606, with total income of $562,830 and expenses of $84,224.
UGA March NAV $71.04, net income $6.6M; monthly account statement filed
Net income of $6.6M for March 2024; NAV per share $71.04 on 1.7M shares.
UGA reports February 2024 monthly account statement: Net income $4.8M, NAV $107M
Net income of $4,798,959 for month ended Feb 29, 2024, driven by $6.7M realized trading gain.
UGA annual net income falls 98% to $0.5M; large unrealized loss on futures
Net income for 2023 was $539K ($0.89/share) vs $27.4M ($18.71/share) in 2022.
USCF (GP of UGA) 2023 audited: assets down 34%, equity down 40%
Total assets decreased to $8.69M from $13.26M as of Dec 31, 2022, a decline of 34%.
UGA reports January net income of $4.5M; NAV per share $63.77
Net income for January 2024: $4,499,035, driven by $4.6M unrealized gain on futures.
UGA reports net loss of $2.6M for December 2023; NAV per share $60.64
Net loss of $2,605,291 for month ended December 31, 2023.
U.S. Gasoline Fund reports Nov 2023 net loss of $267,859; NAV per share $62.74
Net loss of $267,859 for November 2023; NAV per share $62.74 on 1.3M shares.
UGA reports net loss of $5.5M for October, NAV per share $62.97
Net loss of $5,525,359 for month ended Oct 31, 2023; NAV fell to $66.1M from $77.7M.
United States Gasoline Fund dismisses Spicer Jeffries, appoints Cohen & Company as auditor
Dismissed Spicer Jeffries LLP as independent auditor for fiscal year ending Dec 31, 2023.
UGA reports net loss of $3.5M for September; NAV per share $67.54
Net loss of $3,466,737 for month ended Sept 30, 2023; beginning NAV was $73,939,499.
United States Gasoline Fund posts $2.8M net loss for August, NAV per share down to $70.42
Net loss of $2,824,198; realized futures gain $6.56M offset by unrealized loss of $9.61M.
UGA reports July 2023 net income of $11.6M; NAV per share $73.10
Net income for July 2023 was $11,557,529, driven by $11.3M trading gains (realized + unrealized).
UGA adds ADMIS as futures commission merchant; Marex accounts consolidated
On Aug 8 2023, entered Customer Account Agreement with ADM Investor Services as additional FCM.
UGA reports June 2023 net income of $5.45M; NAV per share $62.59
Net income of $5,450,429 for month ended June 30, 2023.
United States Gasoline Fund reports net loss of $774K for May 2023; NAV per share $57.89
Net loss of $773,728 for month ended May 31, 2023; realized trading loss of $6.37M offset by unrealized gain of $5.40M.
UGA reports April monthly account statement; net loss $2.97M, NAV per share $58.49
Net loss of $2,967,105 for month ended April 30, 2023.
UGA issues routine monthly account statement for March 2023; net income $2.2M, NAV per share $60.74
Net income of $2,193,128 for March, driven by unrealized futures gains of $7,293,052.
UGA GP USCF replaces two management directors; Ngim remains COO, Crumbaugh and Rooney appointed
Nicholas D. Gerber and Andrew F. Ngim resigned as Management Directors of USCF effective April 1, 2023.
UGA reports $3.66M net loss for February 2023; NAV per share $58.87
Net loss of $3.66M for month ended Feb 28, 2023; driven by realized trading loss of $2.1M and unrealized loss of $1.7M.
On May 19, 2025, Mr. Robert L. Nguyen tendered his resignation as a Management Director of the United States Commodity Funds LLC (“USCF”),
On April 1, 2023, each of Messrs. Nicholas D. Gerber and Andrew F Ngim tendered his resignation as a Management Director of the United States Commodity Funds LLC
On April 1, 2023, each of Mr. Stuart P. Crumbaugh and Ms. Kathryn D. Rooney was appointed as a Management Director of USCF, effective immediately.
On April 1, 2023, each of Messrs. Nicholas D. Gerber and Andrew F Ngim tendered his resignation as a Management Director of the United States Commodity Funds LLC
On April 1, 2023, each of Mr. Stuart P. Crumbaugh and Ms. Kathryn D. Rooney was appointed as a Management Director of USCF, effective immediately.
Max materiality 0.65 · Median 0.25 · Most common event other_material