United States Natural Gas Fund, LP (UNG)Commodities Focused | Exchange Traded Fund | NYSEArca
11.09 USD
-0.13
(-1.159%) ⇩
(Oct. 15, 2026, 4 p.m.
EDT)
After hours: 11.04 -0.05 (-0.047%) ⇩ (Oct. 15, 2026, 7:58 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 6:27 a.m. EDT
The United States Natural Gas Fund is currently trapped in a severe structural decline, having lost over 90% of its value over the last nine years. The most damning evidence is the price trajectory: the fund has posted negative year-over-year returns for the last three consecutive years, with the most recent annual drop exceeding 18%. This persistent multi-year deterioration suggests the underlying commodity prices have failed to recover despite global supply shocks, rendering the investment thesis fundamentally broken. Compounding this weakness is the complete absence of any dividend distribution over the last five years, offering zero income to offset the capital destruction. While the recent price action shows some volatility and a slight bounce off the lows, the technicals are merely a pause in a long-term downtrend, not a reversal. Options data confirms this pessimism, with traders aggressively buying put protection at strikes well below the current price, betting on further downside. For investors seeking exposure to natural gas, this vehicle has proven ineffective at capturing gains, and the lack of a reliable payout stream makes it a poor candidate for holding. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.045992 |
| AutoETS | 0.048969 |
| AutoARIMA | 0.048971 |
| AutoTheta | 0.068751 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 42% |
| H-stat | 14.49 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.084 |
| Excess Kurtosis | 0.76 |
As of Oct. 10, 2026, 6:27 a.m. EDT: Speculators are heavily positioned for downside protection, evidenced by massive open interest walls in out-of-the-money puts (strikes 9.0, 10.0, 10.5) across multiple expirations. Call volume is concentrated near the money, while deep out-of-the-money calls show negligible activity. The implied volatility surface is skewed, with significant spikes in deep OTM puts relative to calls, indicating a market consensus expecting continued volatility and potential further declines rather than a rally.
| Attribute | Value |
|---|---|
| All Time High | 8,177.92 |
| All Time Low | 9.55 |
| Ask | 11.12 |
| Ask Size | 57,600 |
| Average Daily Volume10 Day | 31,214,450 |
| Average Daily Volume3 Month | 18,371,781 |
| Average Volume | 18,371,781 |
| Average Volume10Days | 31,214,450 |
| Beta3 Year | 1.5 |
| Bid | 11.1 |
| Bid Size | 42,000 |
| Book Value | 12.197 |
| Category | Commodities Focused |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 11.3 |
| Day Low | 10.96 |
| Display Name | United States Natural Gas Fund |
| 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 | 10.451 |
| Fifty Day Average Change | 0.63899994 |
| Fifty Day Average Change Percent | 0.061142467 |
| Fifty Two Week Change Percent | -6.5711856 |
| Fifty Two Week High | 17.03 |
| Fifty Two Week High Change | -5.9400005 |
| Fifty Two Week High Change Percent | -0.34879625 |
| Fifty Two Week Low | 9.55 |
| Fifty Two Week Low Change | 1.54 |
| Fifty Two Week Low Change Percent | 0.16125654 |
| Fifty Two Week Range | 9.55 - 17.03 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,176,903,000,000 |
| Five Year Average Return | -0.32221642 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.19999981 |
| Fullday Change Percent | -1.7825295 |
| Fullday Price | 11.09 |
| 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 | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_33939205 |
| Nav Price | 11.01 |
| Net Assets | 458,426,592.0 |
| Net Expense Ratio | 1.17 |
| Open | 11.1 |
| Post Market Change | -0.046899796 |
| Post Market Change Percent | -0.42290166 |
| Post Market Price | 11.0431 |
| Post Market Time | 1,792,108,727 |
| Previous Close | 11.22 |
| Price Hint | 2 |
| Price To Book | 0.90924 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.13 |
| Regular Market Change Percent | -1.15865 |
| Regular Market Day High | 11.3 |
| Regular Market Day Low | 10.96 |
| Regular Market Day Range | 10.96 - 11.3 |
| Regular Market Open | 11.1 |
| Regular Market Previous Close | 11.22 |
| Regular Market Price | 11.09 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 34,897,668 |
| Shares Outstanding | 12,084,600 |
| Short Name | United States Natural Gas Fund |
| Source Interval | 15 |
| Symbol | UNG |
| Three Year Average Return | -0.2795168 |
| Total Assets | 458,426,592 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -11.67685 |
| Trailing Three Month Returns | -11.67685 |
| Triggerable | 1 |
| Two Hundred Day Average | 11.28995 |
| Two Hundred Day Average Change | -0.19995022 |
| Two Hundred Day Average Change Percent | -0.01771046 |
| Type Disp | ETF |
| Volume | 34,897,668 |
| Yield | 0.0 |
| Ytd Return | -14.66754 |