United States Natural Gas Fund, LP (UNG)Commodities Focused | Exchange Traded Fund | NYSEArca
10.33 USD
-0.10
(-0.959%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 10.37 +0.04 (0.386%) ⇧ (Aug. 28, 2026, 7:52 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:50 a.m. EDT
The United States Natural Gas Fund is currently trapped in a severe structural decline, having lost over 90% of its value since 2016. The most damning evidence is the price trajectory: the asset has suffered three consecutive years of negative annual returns, with the last three years showing double-digit declines. This is not a temporary dip; it is a multi-year deterioration where the market has consistently reassessed the business quality downward. The recent trading loss and the fact that the fund is trading significantly below its book value highlight a distressed state rather than a value opportunity. Furthermore, there is no income safety net to rely on, as the fund has paid no dividends in the last five years. While options traders are hedging against further drops, the fundamental reality is bleak: the underlying commodity prices have collapsed, and the fund structure offers no mechanism to recover past losses quickly. Avoid this instrument entirely. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.054456 |
| AutoETS | 0.059263 |
| MSTL | 0.064664 |
| AutoTheta | 0.065975 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 14.05 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.126 |
| Excess Kurtosis | -1.24 |
As of Aug. 22, 2026, 3:50 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest concentrated at strikes below the current price (9.0 and 9.5), while call activity remains thin and focused near-the-money. The significant volume spike in deep out-of-the-money calls at the October 16 expiration suggests a speculative bet on a massive volatility event or a sharp rally, but the overwhelming majority of positioning (over 80% of total expiring volume) is on the downside side, indicating fear of further declines.
| Attribute | Value |
|---|---|
| All Time High | 8,177.92 |
| All Time Low | 9.55 |
| Ask | 10.35 |
| Ask Size | 59,100 |
| Average Daily Volume10 Day | 10,066,630 |
| Average Daily Volume3 Month | 7,771,112 |
| Average Volume | 7,771,112 |
| Average Volume10Days | 10,066,630 |
| Beta3 Year | 1.52 |
| Bid | 10.34 |
| Bid Size | 55,400 |
| Book Value | 12.197 |
| Category | Commodities Focused |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 10.41 |
| Day Low | 10.2535 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | -1.208 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 10.5972 |
| Fifty Day Average Change | -0.26720047 |
| Fifty Day Average Change Percent | -0.025214251 |
| Fifty Two Week Change Percent | -18.388103 |
| Fifty Two Week High | 17.03 |
| Fifty Two Week High Change | -6.700001 |
| Fifty Two Week High Change Percent | -0.3934234 |
| Fifty Two Week Low | 9.55 |
| Fifty Two Week Low Change | 0.77999973 |
| Fifty Two Week Low Change Percent | 0.081675366 |
| Fifty Two Week Range | 9.55 - 17.03 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,176,903,000,000 |
| Five Year Average Return | -0.29841578 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.1 |
| Fullday Change Percent | -0.958776 |
| Fullday Price | 10.3699 |
| Fund Family | USCF Investments |
| Fund Inception Date | 1,176,854,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | United States Natural Gas Fund, LP |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_33939205 |
| Nav Price | 10.323 |
| Net Assets | 467,977,632.0 |
| Net Expense Ratio | 1.17 |
| Open | 10.39 |
| Post Market Change | 0.039899826 |
| Post Market Change Percent | 0.38625196 |
| Post Market Price | 10.3699 |
| Post Market Time | 1,787,961,120 |
| Previous Close | 10.43 |
| Price Hint | 2 |
| Price To Book | 0.8469296 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.1 |
| Regular Market Change Percent | -0.958776 |
| Regular Market Day High | 10.41 |
| Regular Market Day Low | 10.2535 |
| Regular Market Day Range | 10.2535 - 10.41 |
| Regular Market Open | 10.39 |
| Regular Market Previous Close | 10.43 |
| Regular Market Price | 10.33 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 8,583,045 |
| Shares Outstanding | 12,084,600 |
| Short Name | United States Natural Gas Fund |
| Source Interval | 15 |
| Symbol | UNG |
| Three Year Average Return | -0.2756196 |
| Total Assets | 467,977,632 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -5.832 |
| Trailing Three Month Returns | -5.832 |
| Triggerable | 1 |
| Two Hundred Day Average | 11.84805 |
| Two Hundred Day Average Change | -1.5180502 |
| Two Hundred Day Average Change Percent | -0.12812659 |
| Type Disp | ETF |
| Volume | 8,583,045 |
| Yield | 0.0 |
| Ytd Return | -17.92244 |