United States 12 Month Natural Gas Fund (UNL) Change in Cash (2012 - 2026)
United States 12 Month Natural Gas Fund's (UNL) quarterly Change in Cash came in at $1.8 million in Q2 2026, up 156.66% on a YoY basis from $695139.5 in Q2 2025, and up 148.89% quarter-over-quarter from -$3.6 million in Q1 2026.
Analysis
United States 12 Month Natural Gas Fund (UNL) Change in Cash (2012 - 2026) Analysis & Trends
United States 12 Month Natural Gas Fund (UNL) has reported Change in Cash for 15 consecutive years, with $1.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Change in Cash rose 156.66% year-over-year to $1.8 million; the trailing twelve-month figure through Jun 2026 stood at $7.1 million (up 198.51% YoY), and the FY2025 full-year result was $3.0 million, up 208.45% from the prior year.
- Change in Cash grew to $1.8 million in Q2 2026 per UNL's latest filing, from -$3.6 million in the prior quarter.
- Across five years, Change in Cash topped out at $22.7 million in Q2 2022 and bottomed at -$10.8 million in Q1 2023.
- Historically, Change in Cash has averaged $180585.2 across 5 years, with a median of -$1.2 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Change in Cash surged 4633.26% in 2022, then plunged 6303.07% in 2025.
- Over 5 years, Change in Cash stood at -$8.2 million in 2022, then surged by 116.26% to $1.3 million in 2023, then sank by 283.82% to -$2.5 million in 2024, then surged by 488.06% to $9.5 million in 2025, then sank by 81.26% to $1.8 million in 2026.
- According to Business Quant data, Change in Cash over the past three periods registered $1.8 million, -$3.6 million, and $9.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 651.00 Mn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | - |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | - |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | - |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | 1.21 Bn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | - |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - | 191.90 Mn |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | -91.90 Mn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | 37.10 Mn |
| 10 | United States 12 Month Natural Gas Fund | 14.88 Mn | -4.07 Mn | - | 1.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.78 Mn |
| Mar 31, 2026 | -3.65 Mn |
| Dec 31, 2025 | 9.52 Mn |
| Sep 30, 2025 | -558,894.00 |
| Jun 30, 2025 | -3.15 Mn |
| Mar 31, 2025 | -2.85 Mn |
| Dec 31, 2024 | -2.45 Mn |
| Sep 30, 2024 | 1.25 Mn |
| Jun 30, 2024 | 50,762.00 |
| Mar 31, 2024 | -1.58 Mn |
| Dec 31, 2023 | 1.33 Mn |
| Sep 30, 2023 | -2.44 Mn |
| Jun 30, 2023 | -750,751.00 |
| Mar 31, 2023 | -10.81 Mn |
| Dec 31, 2022 | -8.21 Mn |
| Sep 30, 2022 | -2.43 Mn |
| Jun 30, 2022 | 22.70 Mn |
| Mar 31, 2022 | 5.48 Mn |
| Dec 31, 2021 | 1.88 Mn |
| Sep 30, 2021 | 5.04 Mn |