United States 12 Month Natural Gas Fund UNL
NYSE UNL
$5.88 +0.01 (+0.19%)
As of: Sep 8, 2026 · 3:55 PM EDT

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

United States 12 Month Natural Gas Fund's (UNL) quarterly Enterprise Value came in at -$1.7 million in Q2 2026, down 1565.18% on a YoY basis from $116265.3 in Q2 2025, and down 537.21% quarter-over-quarter from -$267334.8 in Q1 2026.

Analysis

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

United States 12 Month Natural Gas Fund (UNL) has reported Enterprise Value for 17 consecutive years, with -$1.7 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Enterprise Value fell 1565.18% year-over-year to -$1.7 million; the trailing twelve-month figure through Jun 2026 stood at -$1.7 million (down 1565.18% YoY), and the FY2025 full-year result was -$8.5 million, down 895.11% from the prior year.
  • Enterprise Value eased to -$1.7 million in Q2 2026 per UNL's latest filing, from -$267334.8 in the prior quarter.
  • Across five years, Enterprise Value topped out at $7.5 million in Q4 2022 and bottomed at -$8.5 million in Q4 2025.
  • Historically, Enterprise Value has averaged $1.1 million across 5 years, with a median of $1.5 million in 2022.
  • The sharpest annual moves came in 2022 and 2026: Enterprise Value soared 672.73% in 2022, then plunged 1565.18% in 2026.
  • Over 5 years, Enterprise Value stood at $7.5 million in 2022, then sank by 116.5% to -$1.2 million in 2023, then surged by 186.2% to $1.1 million in 2024, then sank by 895.11% to -$8.5 million in 2025, then soared by 79.96% to -$1.7 million in 2026.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$1.7 million, -$267334.8, and -$8.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 BlackRock 169.89 Bn 156.02 Bn -
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
6 iShares Silver Trust 22.15 Bn -6.05 Bn -
7 Franklin Resources 17.84 Bn 14.12 Bn -
8 Invesco 14.63 Bn 13.72 Bn 1.79 Bn
9 Affiliated Managers 9.51 Bn 9.10 Bn -
10 United States 12 Month Natural Gas Fund 14.88 Mn -4.07 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.70 Mn
Mar 31, 2026 -267,334.77
Dec 31, 2025 -8.50 Mn
Sep 30, 2025 -734,047.58
Jun 30, 2025 -102,300.95
Mar 31, 2025 4.47 Mn
Dec 31, 2024 1.07 Mn
Sep 30, 2024 2.29 Mn
Jun 30, 2024 2.48 Mn
Mar 31, 2024 2.75 Mn
Dec 31, 2023 -1.24 Mn
Sep 30, 2023 2.81 Mn
Jun 30, 2023 1.28 Mn
Mar 31, 2023 4.00 Mn
Dec 31, 2022 7.52 Mn
Sep 30, 2022 1.69 Mn
Jun 30, 2022 -5.20 Mn
Mar 31, 2022 6.67 Mn
Dec 31, 2021 -1.72 Mn
Sep 30, 2021 940,723.64