Quarterly ResultMay 8, 2026, 01:57 PM
United States Natural Gas Fund Q1 Net Income $109.7M; NAV $11.70
AI Summary
United States Natural Gas Fund (UNG) reported a significant decrease in net income for the three months ended March 31, 2026, falling to $109.7 million from $208.8 million in the prior year. The net asset value per share also declined to $11.70 from $12.20 at December 31, 2025. Total assets decreased to $453.7 million from $579.5 million, while total liabilities also saw a reduction. The fund also noted a reduction in ETF transaction fees from $1,000 to $350 per order, effective January 1, 2026.
Key Highlights
- Net Income for Q1 2026 was $109.7 million, down from $208.8 million in Q1 2025.
- Net asset value per share decreased to $11.70 at March 31, 2026, from $12.20 at December 31, 2025.
- Total Assets stood at $453.7 million as of March 31, 2026, a decrease from $579.5 million at December 31, 2025.
- Total Liabilities decreased to $9.9 million as of March 31, 2026, from $28.8 million at December 31, 2025.
- ETF transaction fees were reduced from $1,000 to $350 per order, effective January 1, 2026.
- Brokerage commissions increased to $397,293 in Q1 2026 from $299,598 in Q1 2025.
- Weighted average limited partner shares outstanding increased to 41,123,881 in Q1 2026 from 32,069,436 in Q1 2025.