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) Net Cash Flow (2012 - 2026)

United States 12 Month Natural Gas Fund's (UNL) quarterly Net Cash Flow 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) Net Cash Flow (2012 - 2026) Analysis & Trends

United States 12 Month Natural Gas Fund (UNL) has reported Net Cash Flow for 15 consecutive years, with $1.8 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Net Cash Flow 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.
  • Net Cash Flow grew to $1.8 million in Q2 2026 per UNL's latest filing, from -$3.6 million in the prior quarter.
  • Across five years, Net Cash Flow topped out at $22.7 million in Q2 2022 and bottomed at -$10.8 million in Q1 2023.
  • Historically, Net Cash Flow 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: Net Cash Flow surged 4633.26% in 2022, then plunged 6303.07% in 2025.
  • Over 5 years, Net Cash Flow 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, Net Cash Flow 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) Net Cash Flow (Qtr)
1 BlackRock 169.89 Bn 156.02 Bn - 650.00 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 - 195.10 Mn
8 Invesco 14.63 Bn 13.72 Bn 1.79 Bn -91.90 Mn
9 Affiliated Managers 9.51 Bn 9.10 Bn - 37.00 Mn
10 United States 12 Month Natural Gas Fund 14.88 Mn -4.07 Mn - 1.78 Mn
Historic Data

Historic Data

Download Data
DateValue
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