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

United States Natural Gas Fund (UNG) posted Shares Outstanding (Entity) of $35.5 million for Q4 2025, down 7.41% on a QoQ basis from $38.4 million in Q3 2025, and down 31.67% year-over-year from $52.0 million in Q4 2024.

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

United States Natural Gas Fund's Shares Outstanding (Entity) history runs 17 years deep, the most recent figure standing at $35.5 million for Q4 2025.

  • Quarterly Shares Outstanding (Entity) fell 31.67% year-over-year to $35.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $35.5 million (down 31.67% YoY) and the FY2025 annual result came in at $35.5 million, down 31.67% from the prior year.
  • Shares Outstanding (Entity) was $35.5 million for Q4 2025 at United States Natural Gas Fund, down from $38.4 million in the prior quarter.
  • Across five years, Shares Outstanding (Entity) topped out at $52.0 million in Q4 2024 and bottomed at $4.8 million in Q3 2021.
  • A 5-year average of $21.6 million and a median of $21.8 million in 2025 frame the typical range for Shares Outstanding (Entity).
  • Annual changes were most pronounced in 2021 — Shares Outstanding (Entity) sank 40.25% — and 2023, when it jumped 653.93%.
  • United States Natural Gas Fund's Shares Outstanding (Entity) stood at $6.7 million in 2021, then decreased by 18.19% to $5.5 million in 2022, then surged by 586.77% to $37.6 million in 2023, then soared by 38.45% to $52.0 million in 2024, then plunged by 31.67% to $35.5 million in 2025.
  • Business Quant data shows UNG's Shares Outstanding (Entity) at $35.5 million in Q4 2025, $38.4 million in Q3 2025, and $21.8 million in Q2 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 41.12 Mn
Dec 31, 2025 34.12 Mn
Sep 30, 2025 38.39 Mn
Jun 30, 2025 21.84 Mn
Mar 31, 2025 32.07 Mn
Dec 31, 2024 52.02 Mn
Sep 30, 2024 55.62 Mn
Jun 30, 2024 47.59 Mn
Mar 31, 2024 46.11 Mn
Dec 31, 2023 37.57 Mn
Sep 30, 2023 40.04 Mn
Jun 30, 2023 42.19 Mn
Mar 31, 2023 25.91 Mn
Dec 31, 2022 5.47 Mn
Sep 30, 2022 4.95 Mn
Jun 30, 2022 4.80 Mn
Mar 31, 2022 5.84 Mn
Dec 31, 2021 6.69 Mn
Sep 30, 2021 4.79 Mn
Jun 30, 2021 6.14 Mn