Bullish indicating open at $55-$60, IPO prices at $37
The United States Gasoline Fund, LP (NYSE Arca:UGA), currently trading at $61.88 with a market capitalization of $86.18 million, disclosed its audited financial statements for the years ending December 31, 2024, and 2023, today. The financial details were made public through an 8-K filing with the Securities and Exchange Commission. InvestingPro analysis shows the fund maintains a GREAT financial health score of 3.11, suggesting robust operational stability.
This submission by the Delaware-based limited partnership, which operates under the management of United States Commodity Funds LLC (USCF), includes the audited Statements of Financial Condition as of the end of the last two fiscal years. The information, while furnished to the SEC, is not considered filed for the purposes of Section 18 of the Securities Exchange Act of 1934 and is not to be regarded as subject to the liabilities of that section. Moreover, the data should not be deemed incorporated by reference into any filings under the Securities Act of 1933 unless explicitly referenced in such filings.
The financial statements, attached as Exhibit 99.1 in the report, provide a snapshot of the fund’s financial health as required by Regulation FD (Fair Disclosure). The United States Gasoline Fund, LP, headquartered in Walnut Creek, California, is known for offering investors exposure to the gasoline market through futures contracts.
The filing ensures transparency for investors and maintains the fund’s compliance with the SEC’s regulations. The United States Gasoline Fund, LP, with its ticker symbol UGA, is listed on the NYSE Arca, Inc. exchange, catering to investors interested in commodity markets. While the fund has experienced a -13.17% return over the past year and a -2.27% YTD performance, InvestingPro data reveals it has maintained strong returns over the past five years. Subscribers can access 2 additional exclusive ProTips and comprehensive performance metrics on the platform.
The release of these financial statements serves as a routine disclosure, offering stakeholders a detailed look at the fund’s financial position over the specified period. This announcement is based on a press release statement and does not constitute an endorsement of the fund’s performance or future outlook.
In other recent news, the United States Gasoline Fund, LP has released its monthly financial statements for January 2025, December 2024, and November 2024. These reports, mandated by the Commodity Exchange Act Rule 4.22, provide crucial insights into the fund’s financial health and operational performance. The statements detail the fund’s income, losses, and changes in net asset value, serving as essential tools for investors seeking to understand the fund’s financial outcomes over these months. The January 2025 report, available on the fund’s website, highlights the fund’s performance and is part of the regulatory compliance required for transparency. Similarly, the December 2024 financial disclosure was accompanied by a Form 8-K filing with the SEC, offering a snapshot of the fund’s performance at the end of the year. November 2024’s financial results were also made public, with details accessible on the fund’s website, ensuring stakeholders have updated information on the fund’s status. These disclosures are not considered "filed" for SEC purposes, but they remain vital for informed investment decisions.
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