United States Natural Gas Fund, LP reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 113.06 million compared to negative revenue of USD 53.07 million a year ago. Net income was USD 110.18 million compared to net loss of USD 54.3 million a year ago. Basic earnings per share from continuing operations was USD 2.6 compared to basic loss per share from continuing operations of USD 11.32 a year ago.
For the six months, negative revenue was USD 330.52 million compared to revenue of USD 157.88 million a year ago. Net loss was USD 335.9 million compared to net income of USD 155.74 million a year ago. Basic loss per share from continuing operations was USD 9.84 compared to basic earnings per share from continuing operations of USD 29.28 a year ago.