United States Natural Gas Fund, LP Operating Expenses Growth & History (UNG)
United States Natural Gas Fund, LP's operating expenses was $5.0M for fiscal 2022.
View full United States Natural Gas Fund, LP company overviewUnited States Natural Gas Fund, LP annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-12-31 | $5.0M | $1.2M | +33.07% |
| 2021 | 2021-12-31 | $3.7M | −$1.7M | −31.20% |
| 2020 | 2020-12-31 | $5.4M | $1.4M | +34.89% |
| 2019 | 2019-12-31 | $4.0M | −$783,444 | −16.25% |
| 2018 | 2018-12-31 | $4.8M | −$1.6M | −25.07% |
| 2017 | 2017-12-31 | $6.4M | $335,491 | +5.50% |
| 2016 | 2016-12-31 | $6.1M | −$1.6M | −20.95% |
| 2015 | 2015-12-31 | $7.7M | −$557,999 | −6.74% |
| 2014 | 2014-12-31 | $8.3M | −$1.9M | −18.95% |
| 2013 | 2013-12-31 | $10.2M | −$1.1M | −9.53% |
| 2012 | 2012-12-31 | $11.3M | −$6.3M | −35.73% |
| 2011 | 2011-12-31 | $17.6M | −$8.3M | −32.06% |
| 2010 | 2010-12-31 | $25.8M | −$5.6M | −17.72% |
| 2009 | 2009-12-31 | $31.4M | $24.4M | +346.83% |
| 2008 | 2008-12-31 | $7.0M | — | — |
United States Natural Gas Fund, LP quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | $1.7M | −$833,453 | −33.30% |
| Q3 2025 | 2025-09-30 | $1.4M | −$1.2M | −46.04% |
| Q2 2025 | 2025-06-30 | $1.1M | −$1.4M | −55.16% |
| Q1 2025 | 2025-03-31 | $1.9M | −$631,998 | −24.63% |
| Q4 2024 | 2024-12-31 | $2.5M | $26,003 | +1.05% |
| Q3 2024 | 2024-09-30 | $2.5M | −$108,723 | −4.10% |
| Q2 2024 | 2024-06-30 | $2.5M | −$364,390 | −12.69% |
| Q1 2024 | 2024-03-31 | $2.6M | $60,162 | +2.40% |
| Q4 2023 | 2023-12-31 | $2.5M | $1.1M | +75.72% |
| Q3 2023 | 2023-09-30 | $2.7M | $1.2M | +84.17% |
| Q2 2023 | 2023-06-30 | $2.9M | $1.6M | +133.82% |
| Q1 2023 | 2023-03-31 | $2.5M | $1.6M | +175.28% |
| Q4 2022 | 2022-12-31 | $1.4M | $342,634 | +32.11% |
| Q3 2022 | 2022-09-30 | $1.4M | $683,588 | +90.49% |
| Q2 2022 | 2022-06-30 | $1.2M | $319,627 | +35.17% |
| Q1 2022 | 2022-03-31 | $910,354 | −$106,475 | −10.47% |
| Q4 2021 | 2021-12-31 | $1.1M | −$116,375 | −9.83% |
| Q3 2021 | 2021-09-30 | $755,392 | −$463,282 | −38.02% |
| Q2 2021 | 2021-06-30 | $908,693 | −$606,651 | −40.03% |
| Q1 2021 | 2021-03-31 | $1.0M | −$513,420 | −33.55% |
| Q4 2020 | 2020-12-31 | $1.2M | $61,114 | +5.45% |
| Q3 2020 | 2020-09-30 | $1.2M | $242,901 | +24.89% |
| Q2 2020 | 2020-06-30 | $1.5M | $571,498 | +60.55% |
| Q1 2020 | 2020-03-31 | $1.5M | $533,671 | +53.55% |
| Q4 2019 | 2019-12-31 | $1.1M | −$44,615 | −3.82% |
| Q3 2019 | 2019-09-30 | $975,773 | −$98,330 | −9.15% |
| Q2 2019 | 2019-06-30 | $943,846 | −$233,823 | −19.85% |
| Q1 2019 | 2019-03-31 | $996,578 | −$406,676 | −28.98% |
| Q4 2018 | 2018-12-31 | $1.2M | −$792,916 | −40.46% |
| Q3 2018 | 2018-09-30 | $1.1M | −$291,224 | −21.33% |
| Q2 2018 | 2018-06-30 | $1.2M | −$296,138 | −20.09% |
| Q1 2018 | 2018-03-31 | $1.4M | −$232,864 | −14.23% |
| Q4 2017 | 2017-12-31 | $2.0M | $360,596 | +22.55% |
| Q3 2017 | 2017-09-30 | $1.4M | −$83,756 | −5.78% |
| Q2 2017 | 2017-06-30 | $1.5M | −$97,765 | −6.22% |
| Q1 2017 | 2017-03-31 | $1.6M | $156,416 | +10.57% |
| Q4 2016 | 2016-12-31 | $1.6M | −$5,175 | −0.32% |
| Q3 2016 | 2016-09-30 | $1.4M | −$506,980 | −25.92% |
| Q2 2016 | 2016-06-30 | $1.6M | −$531,896 | −25.29% |
| Q1 2016 | 2016-03-31 | $1.5M | −$572,004 | −27.88% |
| Q4 2015 | 2015-12-31 | $1.6M | −$288,314 | −15.23% |
| Q3 2015 | 2015-09-30 | $2.0M | −$93,360 | −4.56% |
| Q2 2015 | 2015-06-30 | $2.1M | $34,061 | +1.65% |
| Q1 2015 | 2015-03-31 | $2.1M | −$210,386 | −9.30% |
| Q4 2014 | 2014-12-31 | $1.9M | −$613,649 | −24.48% |
| Q3 2014 | 2014-09-30 | $2.0M | −$461,262 | −18.37% |
| Q2 2014 | 2014-06-30 | $2.1M | −$404,198 | −16.34% |
| Q1 2014 | 2014-03-31 | $2.3M | −$455,018 | −16.75% |
| Q4 2013 | 2013-12-31 | $2.5M | −$477,532 | −16.00% |
| Q3 2013 | 2013-09-30 | $2.5M | −$373,961 | −12.96% |
| Q2 2013 | 2013-06-30 | $2.5M | −$182,208 | −6.86% |
| Q1 2013 | 2013-03-31 | $2.7M | −$41,657 | −1.51% |
| Q4 2012 | 2012-12-31 | $3.0M | −$669,267 | −18.32% |
| Q3 2012 | 2012-09-30 | $2.9M | −$679,965 | −19.08% |
| Q2 2012 | 2012-06-30 | $2.7M | −$2.1M | −44.37% |
| Q1 2012 | 2012-03-31 | $2.8M | −$2.8M | −50.41% |
| Q4 2011 | 2011-12-31 | $3.7M | −$2.0M | −35.20% |
| Q3 2011 | 2011-09-30 | $3.6M | −$2.1M | −37.22% |
| Q2 2011 | 2011-06-30 | $4.8M | −$1.9M | −28.47% |
| Q1 2011 | 2011-03-31 | $5.6M | −$2.3M | −29.13% |
| Q4 2010 | 2010-12-31 | $5.6M | — | — |
| Q3 2010 | 2010-09-30 | $5.7M | −$7.6M | −57.21% |
| Q2 2010 | 2010-06-30 | $6.7M | −$1.1M | −14.26% |
| Q1 2010 | 2010-03-31 | $7.8M | — | — |
| Q3 2009 | 2009-09-30 | $13.3M | — | — |
| Q2 2009 | 2009-06-30 | $7.8M | — | — |
United States Natural Gas Fund, LP operating expenses trends
Over the last five fiscal years, United States Natural Gas Fund, LP's operating expenses decreased from $6.4M to $5.0M, a change of −$1.4M. The latest reported quarter, Q4 2025, shows $1.7M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review United States Natural Gas Fund, LP source filings ↗