United States Natural Gas Fund (UNG) Enterprise Value (2010 - 2026)

United States Natural Gas Fund (UNG) recorded quarterly Enterprise Value of -$345.8 million in Q1 2026, up 21.14% on a QoQ basis from -$438.5 million in Q4 2025, and down 17.39% year-over-year from -$418.6 million in Q1 2025.

United States Natural Gas Fund (UNG) Enterprise Value (2010 - 2026) Analysis & Trends

United States Natural Gas Fund has disclosed Enterprise Value across 17 years of filings, most recently posting -$345.8 million for Q1 2026.

  • Quarterly Enterprise Value fell 17.39% year-over-year to -$345.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$345.8 million (down 17.39% YoY) and the FY2025 annual result came in at -$438.5 million, up 26.13% from the prior year.
  • Enterprise Value rose to -$345.8 million in Q1 2026, from -$438.5 million in the prior quarter.
  • Over five years, Enterprise Value peaked at -$279.3 million in Q3 2022 and troughed at -$816.2 million in Q3 2023.
  • A 5-year average of -$498.5 million and a median of -$483.3 million in 2025 frame the typical range for Enterprise Value.
  • Annual changes were most pronounced in 2023 — Enterprise Value sank 192.27% — and 2025, when it surged 47.32%.
  • Tracing UNG's Enterprise Value over 5 years: stood at -$317.9 million in 2022, then tumbled by 113.3% to -$678.0 million in 2023, then advanced by 12.46% to -$593.5 million in 2024, then increased by 26.13% to -$438.5 million in 2025, then increased by 21.14% to -$345.8 million in 2026.
  • Business Quant data shows UNG's Enterprise Value at -$345.8 million in Q1 2026, -$438.5 million in Q4 2025, and -$483.3 million in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 -345.77 Mn
Dec 31, 2025 -438.46 Mn
Sep 30, 2025 -483.35 Mn
Jun 30, 2025 -284.32 Mn
Mar 31, 2025 -294.55 Mn
Dec 31, 2024 -593.54 Mn
Sep 30, 2024 -691.90 Mn
Jun 30, 2024 -539.73 Mn
Mar 31, 2024 -544.57 Mn
Dec 31, 2023 -678.02 Mn
Sep 30, 2023 -816.19 Mn
Jun 30, 2023 -783.50 Mn
Mar 31, 2023 -743.67 Mn
Dec 31, 2022 -317.87 Mn
Sep 30, 2022 -279.26 Mn
Jun 30, 2022 -336.24 Mn
Mar 31, 2022 -303.11 Mn
Dec 31, 2021 -248.40 Mn
Sep 30, 2021 -290.11 Mn
Jun 30, 2021 -213.66 Mn