United States Natural Gas Fund, LP Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024
November 08, 2024 at 12:36 pm EST
United States Natural Gas Fund, LP reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported revenue was USD 4.45 million compared to negative revenue of USD 78.99 million a year ago. Net income was USD 1.91 million compared to net loss of USD 81.64 million a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to basic loss per share from continuing operations of USD 2.04 a year ago.
For the nine months, revenue was USD 19.03 million compared to negative revenue of USD 409.52 million a year ago. Net income was USD 11.41 million compared to net loss of USD 417.54 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to basic loss per share from continuing operations of USD 11.57 a year ago.