Quarterly ResultAug 7, 2026, 03:03 PM
United States Gasoline Fund Swings to $55.9M Net Income in H1 2026
AI Summary
United States Gasoline Fund, LP reported a significant turnaround for the six months ended June 30, 2026, achieving a net income of $55.9 million, compared to a net loss of $3.6 million in the prior year period. This was primarily driven by substantial realized gains on closed commodity futures contracts. The fund's net asset value per share also saw a notable increase to $102.56 from $61.77 at the end of 2025.
Key Highlights
- Net Income for H1 2026 was $55.9 million, up from a $3.6 million loss in H1 2025.
- Net asset value per share increased to $102.56 at June 30, 2026, from $61.77 at Dec 31, 2025.
- Total Assets grew to $107.9 million at June 30, 2026, from $77.5 million at Dec 31, 2025.
- Realized gain on closed commodity futures contracts was $52.2 million in H1 2026.
- Cash and cash equivalents increased to $82.4 million at June 30, 2026, from $67.1 million.
- Limited Partner shares outstanding decreased to 1,050,000 from 1,250,000.
- Net cash from operating activities was $53.5 million in H1 2026.
Price Impact
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