United States Natural Gas Fund (UNG) Shares Outstanding (2009 - 2026)

United States Natural Gas Fund (UNG) has 17 years of Shares Outstanding data on file, last reported at $45.1 million in Q4 2025.

• For the quarter ending Q4 2025, Shares Outstanding rose 2.27% year-over-year to $45.1 million; the trailing twelve-month figure through Dec 2025 stood at $45.1 million (up 2.27% YoY), and the FY2023 full-year result was $47.8 million, up 533.72% from the prior year.
• Shares Outstanding for Q4 2025 stood at $45.1 million, down from $48.1 million in the prior quarter.
• Across five years, Shares Outstanding topped out at $169.8 million in Q3 2023 and bottomed at $7.5 million in Q4 2022.
• A 5-year average of $57.8 million and a median of $42.5 million in 2024 frame the typical range for Shares Outstanding.
• Across the five-year window, Shares Outstanding slumped 74.83% in 2022 and surged 741.16% in 2023, its largest moves.
• Tracing UNG's Shares Outstanding over 5 years: stood at $30.0 million in 2021, then slumped by 74.83% to $7.5 million in 2022, then jumped by 533.72% to $47.8 million in 2023, then dropped by 7.68% to $44.1 million in 2024, then advanced by 2.27% to $45.1 million in 2025.
• According to Business Quant data, Shares Outstanding over the past three periods registered $45.1 million, $48.1 million, and $23.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

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