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

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

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

United States 12 Month Natural Gas Fund has reported Enterprise Value for 17 years, with the latest figure at -$17.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Enterprise Value fell 14.41% year-over-year to -$17.2 million; the trailing twelve-month figure through Mar 2026 stood at -$17.2 million (down 14.41% YoY), and the FY2025 full-year result was -$20.8 million, down 16.58% from the prior year.
  • Enterprise Value for Q1 2026 stood at -$17.2 million, up from -$20.8 million in the prior quarter.
  • The five-year high for Enterprise Value was -$11.3 million in Q3 2025, with the low at -$37.7 million in Q2 2022.
  • Historically, Enterprise Value has averaged -$18.5 million across 5 years, with a median of -$17.2 million in 2026.
  • Annual changes were most pronounced in 2022 — Enterprise Value tumbled 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 jumped by 34.3% to -$14.5 million in 2023, then declined by 23.36% to -$17.9 million in 2024, then decreased by 16.58% to -$20.8 million in 2025, then increased by 17.53% to -$17.2 million in 2026.
  • The last three Enterprise Value figures came in at -$17.2 million (Q1 2026), -$20.8 million (Q4 2025), and -$11.3 million (Q3 2025), per Business Quant data.

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