United States Natural Gas Fund, LP Unit financials
$10.79−3.05%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — |
| Gross profit | -$1.0M | -$2.6M | -$2.7M | -$702.7K | -$794.3K | -$1.9M | -$1.2M | -$1.4M | -$1.7M | -$2.0M |
| Gross margin | — | — | — | — | — | — | — | — | — | — |
| Operating income | -$6.0M | -$10.1M | -$10.5M | -$5.0M | -$3.7M | -$5.4M | -$4.0M | -$4.8M | -$6.4M | -$6.1M |
| Net income | $34.2M | $65.1M | -$671.3M | $75.0M | $18.4M | -$202.8M | -$77.6M | $110.0M | -$193.4M | $98.7M |
| Net margin | — | — | — | — | — | — | — | — | — | — |
| Diluted EPS | $1.00 | $1.25 | $-17.87 | $13.71 | $2.75 | $-24.44 | $-21.56 | $26.92 | $-42.16 | $22.40 |
| EBITDA | -$6.0M | -$10.1M | -$10.5M | -$5.0M | -$3.7M | -$5.4M | -$4.0M | -$4.8M | -$6.4M | -$6.1M |
| Operating cash flow | $127.1M | $47.5M | -$865.0M | $215.5M | $7.2M | -$208.6M | -$124.4M | $232.6M | -$256.0M | $166.4M |
| Free cash flow | $127.1M | $47.5M | -$865.0M | $215.5M | $7.2M | — | — | — | — | — |
| Diluted shares | 34.1M | 52.0M | 37.6M | 5.5M | 6.7M | 8.3M | 3.6M | 4.1M | 4.6M | 4.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $576.9M | $677.1M | $928.8M | $559.5M | $375.7M | $440.5M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $579.5M | $790.0M | $987.8M | $430.7M | $377.1M | $426.2M |
| Total liabilities | $28.8M | $46.2M | $13.9M | $1.3M | $5.5M | $11.6M |
| Shareholders' equity | $550.6M | $743.8M | $973.9M | $429.3M | $371.5M | $414.6M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology