United States Natural Gas Fund, LP (UNG)
- Previous Close
14.01 - Open
13.77 - Bid 13.44 x 3200
- Ask 13.45 x 4000
- Day's Range
13.35 - 13.79 - 52 Week Range
12.58 - 30.20 - Volume
8,332,520 - Avg. Volume
6,060,601 - Net Assets 917.81M
- NAV 14.06
- PE Ratio (TTM) --
- Yield 0.00%
- YTD Daily Total Return -30.92%
- Beta (5Y Monthly) 2.96
- Expense Ratio (net) 1.01%
The fund invests primarily in futures contracts for natural gas that are traded on the NYMEX, ICE Futures Europe and ICE Futures U.S. (together, “ICE Futures”) or other U.S. and foreign exchanges. The Benchmark Futures Contract is the futures contract on natural gas as traded on the New York Mercantile Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration.
USCF Investments
Fund Family
Commodities Focused
Fund Category
917.81M
Net Assets
2007-04-18
Inception Date
Performance Overview: UNG
View MoreTrailing returns as of 10/15/2024. Category is Commodities Focused.
People Also Watch
Recent News: UNG
View MoreResearch Reports: UNG
View MoreGlobal Miners: Value in Various Commodities, With Commodity Prices Supported by China Stimulus
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 6.9 million ounces of gold in 2024. However, after buying Newcrest, Newmont is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.
RatingPrice TargetGlobal Miners: Value in Various Commodities, With Commodity Prices Supported by China Stimulus
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2023, the firm produced nearly 4.1 million attributable ounces of gold and about 420 million pounds of copper. At year-end 2023, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.
RatingPrice TargetOxy Earnings: Cost-Efficient Production Drives 7% Fair Value Estimate Increase
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,234 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.
RatingPrice TargetOPEC+ Dynamics Look Chaotic Amid Another 896,000 bbl/d in Production Cuts
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2022, the company reported net proved reserves of 3.8 billion barrels of oil equivalent. Net production averaged 1,159 thousand barrels of oil equivalent per day in 2022 at a ratio of 75% oil and natural gas liquids and 25% natural gas.
RatingPrice Target