BlackRock TCP Capital Corp vs United States Natural Gas Fund — how do they compare? BlackRock TCP Capital Corp trades at $4.01 (market cap $337.71M), while United States Natural Gas Fund trades at $11.01 (market cap $517.27M). The key difference: United States Natural Gas Fund is the larger of the two by market cap, and BlackRock TCP Capital Corp pays a 18.88% dividend while United States Natural Gas Fund pays none. Which is the better fit depends on your goals — on Pluang, investors hold BlackRock TCP Capital Corp for 88 Days and United States Natural Gas Fund for 22 Days on average.
| TCPC | UNG | |
|---|---|---|
Market Cap | $337.71M | $517.27M |
Volume | 436,109 | 29,485,537 |
Sector | Financials | Commodities - Energy |
52-Week High | $6.20 | $16.90 |
52-Week Low | $3.13 | $9.63 |
Typical Hold Time | 88 Days | 22 Days |
Enterprise Value | $1.09B | — |
Dividend Yield | 18.88% | — |
Signals from Pluang's Aura AI — not financial advice
TCPC trades at $4.03, up 2.28% with a bullish technical signal. The company reported Q2 2026 earnings of $0.22 per share, beating expectations, and completed a $523 million portfolio sale to reduce leverage. Despite negative revenue trends, the stock trades at a discount to book value (P/B 0.61) and offers a dividend yield. Analyst consensus leans Hold with 69% of ratings neutral.
TCPC presents a mixed outlook: strategic portfolio sales improve liquidity, but declining revenue and negative margins pose fundamental challenges. The stock's discount to book value and dividend may attract value investors, though earnings volatility and ongoing strategic review introduce uncertainty. Key risks include execution of the strategic review and persistent negative profitability.
UNG trades at $10.81, down 1.99% with a bullish technical signal from moving averages. The company reported $65.15M net income for 2024 despite zero revenue, with strong cash reserves of $593.54M and minimal debt. Recent news highlights natural gas price volatility driven by Middle East tensions and record US production levels.
The outlook remains mixed with technical strength but fundamental concerns around revenue generation. Key risks include commodity price exposure and geopolitical factors, while institutional sentiment appears cautiously optimistic given the clean balance sheet and operational cash flow generation.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
BlackRock TCP Capital Corp is a finance company specializing in middle-market lending. It aims for high returns through income and capital appreciation while prioritizing principal protection. The company invests in debt securities and earns revenue from interest payments, fees, and some equity appreciation.
Read more on TCPC →UNG is a commodity ETF that tracks the daily price movements of natural gas futures. It primarily invests in front-month contracts at the Henry Hub, making it a highly volatile tool for short-term trading rather than long-term holding due to contango and roll costs.
Read more on UNG →