United States 12 Month Natural Gas Fund (UNL) Enterprise Value (2010 - 2026)

United States 12 Month Natural Gas Fund (UNL) posted Enterprise Value of -$17.2 million for Q1 2026, up 17.53% on a QoQ basis from -$20.8 million in Q4 2025, and down 14.41% year-over-year from -$20.1 million in Q1 2025.

United States 12 Month Natural Gas Fund (UNL) Enterprise Value (2010 - 2026) Analysis & Trends

United States 12 Month Natural Gas Fund's Enterprise Value history runs 17 years deep, the most recent figure standing at -$17.2 million for Q1 2026.

  • Quarterly Enterprise Value fell 14.41% year-over-year to -$17.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$17.2 million (down 14.41% YoY) and the FY2025 annual result came in at -$20.8 million, down 16.58% from the prior year.
  • Enterprise Value was -$17.2 million for Q1 2026 at United States 12 Month Natural Gas Fund, up from -$20.8 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$11.3 million in Q3 2025 and bottomed at -$37.7 million in Q2 2022.
  • A 5-year average of -$18.5 million and a median of -$17.2 million in 2026 frame the typical range for Enterprise Value.
  • Annual changes were most pronounced in 2022 — Enterprise Value slumped 329.21% — and 2023, when it soared 60.57%.
  • United States 12 Month Natural Gas Fund's Enterprise Value stood at -$22.0 million in 2022, then soared by 34.3% to -$14.5 million in 2023, then retreated by 23.36% to -$17.9 million in 2024, then dropped by 16.58% to -$20.8 million in 2025, then gained by 17.53% to -$17.2 million in 2026.
  • Business Quant data shows UNL's Enterprise Value at -$17.2 million in Q1 2026, -$20.8 million in Q4 2025, and -$11.3 million in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 -17.17 Mn
Dec 31, 2025 -20.82 Mn
Sep 30, 2025 -11.30 Mn
Jun 30, 2025 -11.86 Mn
Mar 31, 2025 -15.01 Mn
Dec 31, 2024 -17.86 Mn
Sep 30, 2024 -18.60 Mn
Jun 30, 2024 -17.35 Mn
Mar 31, 2024 -15.06 Mn
Dec 31, 2023 -14.48 Mn
Sep 30, 2023 -14.27 Mn
Jun 30, 2023 -14.87 Mn
Mar 31, 2023 -12.21 Mn
Dec 31, 2022 -22.04 Mn
Sep 30, 2022 -32.49 Mn
Jun 30, 2022 -37.70 Mn
Mar 31, 2022 -21.19 Mn
Dec 31, 2021 -14.36 Mn
Sep 30, 2021 -13.82 Mn
Jun 30, 2021 -8.78 Mn