United States Gasoline Fund Discloses Monthly Financial Statements for December 2024

United States Gasoline Fund, LP, a Delaware-based company (NYSEARCA:UGA), released its monthly account statement on January 29, 2025, logging data for the month that concluded on December 31, 2024. This report was submitted in accordance with Rule 4.22 under the Commodity Exchange Act. The company’s financial statement encompasses a Statement of Income (Loss) and a Statement of Changes in Net Asset Value.

According to the disclosed data, the fund recorded a total income (loss) figure of $5,520,471 during the specified period. This income includes line items such as realized trading gain (loss) on commodity futures, unrealized gain (loss) on the market value of commodity futures, dividend income, interest income, and ETF transaction fees.

On the expense side, the company reported various costs, including general partner management fees, professional fees, brokerage commissions, directors’ fees and insurance, and license fees, totaling $93,900.

After accounting for expenses, the net income (loss) calculated stood at $5,426,571 over the period examined. Furthermore, the net asset value as of December 31, 2024, was detailed to be $100,710,891, translating to a net asset value per share of $62.94 based on 1,600,000 total shares.

Stuart P. Crumbaugh, the Chief Financial Officer of United States Commodity Funds LLC, the general partner of United States Gasoline Fund, LP, presented a signed statement verifying the accuracy and completeness of the disclosed financial information.

The full report, including the detailed financial breakdown, is available on the company’s website at www.uscfinvestments.com. It is essential to note that the content provided in this report, along with Exhibit 99.1, is not considered to be filed as per Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference in any filings under the Securities Act of 1933, unless explicitly referenced.

For more detailed financial information, interested parties are encouraged to refer to the aforementioned report on the company’s official website.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read United States Gasoline Fund’s 8K filing here.

About United States Gasoline Fund

United States Gasoline Fund, LP (UGA) is a commodity pool that issues limited partnership interests (shares). The Company is engaged in the trading of futures contracts, options on futures contracts and cleared swaps (derivatives). The investment objective of UGA is for the daily changes in percentage terms of its shares’ per share net asset value to reflect the daily changes in percentage terms of the spot price of gasoline, as measured by the daily changes in the price of the futures contract for gasoline traded on the New York Mercantile Exchange (the NYMEX), that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case the futures contract will be the next month contract to expire, less UGA’s expenses.