Stock Update: United States Natural Gas Fund, LP (NYSEARCA:UNG)


Dallas, Texas 03/06/2014 (FINANCIALSTRENDS) – United States Natural Gas Fund, LP (NYSEARCA: UNG) holds a market capitalization of $785.98 million and holds an EPS of -2.74. Beta for the company is -0.12, while the outstanding shares is 31.07 million. The 52 week low is $16.59 and the 52-week low is $16.59. The opening price for this stock is $25.44.

United States Natural Gas Fund, LP (NYSEARCA: UNG) headquartered in Alameda, California is a limited company. It is known to hold a commodity pool which issues partnership interest or limited shares at NYSE Arca, Inc. The key to is to allow investment objective of the USNG in the changes in the percentage terms of the units. The Net Asset Value or NAV is indicated to show changes and alterations in which the percentage will be on the spot price of the natural gas which is delivered by Henry Hub in Louisiana. The measured changes are reflected in the Futures Contract on the natural gas traded in New York Mercantile Exchange (NYMEX) which is near month contract which may expire. The exception is to know the near month contract likely to expire in the next two weeks. This is in effect if the future of the contract is likely to expire by the next month.

It is also to be noted that the general partner for the company is the United States commodity Funds LLC, who is also the General Partner, is also the responsible for the management of this fund.

United States Natural Gas Fund, LP (NYSEARCA:UNG) is currently headed by Nicholas D.Gerber. He also holds the Management Director of General Partner. He is assisted by Howard Mah, who is the Chief Financial Officer, and Secretary, Management Director of the General partner. Others heading the company include Andrew F.Ngim, who is the Treasurer, Management Director of the General Partner. The Independent Director of the General Partner is the Gordon Lloyd Ellis.