United States 12 Month Natural Gas Fund (UNL) Net Cash Flow (2012 - 2026)
United States 12 Month Natural Gas Fund posted quarterly Net Cash Flow of -$3.6 million for Q1 2026, down 28.02% year-on-year from -$5.1 million in Q1 2025, and down 138.34% on a QoQ basis from $9.5 million in Q4 2025.
United States 12 Month Natural Gas Fund (UNL) has 15 years of Net Cash Flow data on file, last reported at -$3.6 million in Q1 2026.
- For the quarter ending Q1 2026, Net Cash Flow fell 28.02% year-over-year to -$3.6 million; the trailing twelve-month figure through Mar 2026 stood at $2.2 million (up 154.02% YoY), and the FY2025 full-year result was $3.0 million, up 208.45% from the prior year.
- Net Cash Flow for Q1 2026 stood at -$3.6 million, down from $9.5 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.
- The 5-year median for Net Cash Flow is -$1.6 million (2024), against an average of $86257.5.
- The widest annual swing landed in 2022, when Net Cash Flow jumped 4633.26%; it then sank 6303.07% in 2025.
- A 5-year view of Net Cash Flow shows it stood at -$8.2 million in 2022, then jumped by 116.26% to $1.3 million in 2023, then slumped by 283.82% to -$2.5 million in 2024, then jumped by 488.06% to $9.5 million in 2025, then plunged by 138.34% to -$3.6 million in 2026.
- The last three Net Cash Flow figures came in at -$3.6 million (Q1 2026), $9.5 million (Q4 2025), and -$558894.0 (Q3 2025), per Business Quant data.
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.65 Mn |
| Mar 31, 2026 | -3.65 Mn |
| Dec 31, 2025 | 9.52 Mn |
| Dec 31, 2025 | 9.52 Mn |
| Sep 30, 2025 | -558,894.00 |
| Sep 30, 2025 | -558,894.00 |
| Jun 30, 2025 | -3.15 Mn |
| Jun 30, 2025 | -3.15 Mn |
| Mar 31, 2025 | -2.85 Mn |
| Mar 31, 2025 | -2.85 Mn |
| Dec 31, 2024 | -2.45 Mn |
| Dec 31, 2024 | -2.45 Mn |
| Sep 30, 2024 | 1.25 Mn |
| Sep 30, 2024 | 1.25 Mn |
| Jun 30, 2024 | 50,762.00 |
| Jun 30, 2024 | 50,762.00 |
| Mar 31, 2024 | -1.58 Mn |
| Mar 31, 2024 | -1.58 Mn |
| Dec 31, 2023 | 1.33 Mn |
| Dec 31, 2023 | 1.33 Mn |
| Sep 30, 2023 | -2.44 Mn |
| Sep 30, 2023 | -2.44 Mn |
| Jun 30, 2023 | -750,751.00 |
| Jun 30, 2023 | -750,751.00 |
| Mar 31, 2023 | -10.81 Mn |
| Mar 31, 2023 | -10.81 Mn |
| Dec 31, 2022 | -8.21 Mn |
| Dec 31, 2022 | -8.21 Mn |
| Sep 30, 2022 | -2.43 Mn |
| Sep 30, 2022 | -2.43 Mn |
| Jun 30, 2022 | 22.70 Mn |
| Jun 30, 2022 | 22.70 Mn |
| Mar 31, 2022 | 5.48 Mn |
| Mar 31, 2022 | 5.48 Mn |
| Dec 31, 2021 | 1.88 Mn |
| Dec 31, 2021 | 1.88 Mn |
| Sep 30, 2021 | 5.04 Mn |
| Sep 30, 2021 | 5.04 Mn |
| Jun 30, 2021 | 479,677.00 |
| Jun 30, 2021 | 479,677.00 |
| Mar 31, 2021 | 961,632.00 |
| Mar 31, 2021 | 961,632.00 |
| Dec 31, 2020 | 1.34 Mn |
| Dec 31, 2020 | 1.34 Mn |
| Sep 30, 2020 | 1.32 Mn |
| Sep 30, 2020 | 1.32 Mn |
| Jun 30, 2020 | 1.28 Mn |
| Jun 30, 2020 | 1.28 Mn |
| Mar 31, 2020 | -396,172.00 |
| Mar 31, 2020 | -396,172.00 |
| Dec 31, 2019 | -711,620.00 |
| Dec 31, 2019 | -711,620.00 |
| Sep 30, 2019 | -121,473.00 |
| Sep 30, 2019 | -121,473.00 |
| Jun 30, 2019 | 5,092.00 |
| Jun 30, 2019 | 5,092.00 |
| Mar 31, 2019 | -1.14 Mn |
| Mar 31, 2019 | -1.14 Mn |
| Dec 31, 2018 | 575,537.00 |
| Dec 31, 2018 | 575,537.00 |
| Sep 30, 2018 | -972,792.00 |
| Sep 30, 2018 | -972,792.00 |
| Jun 30, 2018 | -1.41 Mn |
| Jun 30, 2018 | -1.41 Mn |
| Mar 31, 2018 | -1.35 Mn |
| Mar 31, 2018 | -1.35 Mn |
| Dec 31, 2017 | -883,539.00 |
| Dec 31, 2017 | -883,539.00 |
| Sep 30, 2017 | -37,461.00 |
| Sep 30, 2017 | -37,461.00 |
| Jun 30, 2017 | -1.36 Mn |
| Jun 30, 2017 | -1.36 Mn |
| Mar 31, 2017 | -4.56 Mn |
| Mar 31, 2017 | -4.56 Mn |
| Dec 31, 2016 | -1.50 Mn |
| Dec 31, 2016 | -1.50 Mn |
| Sep 30, 2016 | 1.15 Mn |
| Sep 30, 2016 | 1.15 Mn |
| Jun 30, 2016 | 899,821.00 |
| Jun 30, 2016 | 899,821.00 |
| Mar 31, 2016 | -333,853.00 |
| Mar 31, 2016 | -333,853.00 |
| Dec 31, 2015 | -1.71 Mn |
| Dec 31, 2015 | -1.71 Mn |
| Sep 30, 2015 | -732,783.00 |
| Sep 30, 2015 | -732,783.00 |
| Jun 30, 2015 | -2.10 Mn |
| Jun 30, 2015 | -2.10 Mn |
| Mar 31, 2015 | 646,687.00 |
| Mar 31, 2015 | 646,687.00 |
| Dec 31, 2014 | 568,335.00 |
| Dec 31, 2014 | 568,335.00 |
| Sep 30, 2014 | -2.02 Mn |
| Sep 30, 2014 | -2.02 Mn |
| Jun 30, 2014 | -2.16 Mn |
| Jun 30, 2014 | -2.16 Mn |
| Mar 31, 2014 | -6.79 Mn |
| Mar 31, 2014 | -6.79 Mn |
| Dec 31, 2013 | 319,902.00 |
| Dec 31, 2013 | 319,902.00 |
| Sep 30, 2013 | 1.04 Mn |
| Sep 30, 2013 | 1.04 Mn |
| Jun 30, 2013 | -11.56 Mn |
| Jun 30, 2013 | -11.56 Mn |
| Mar 31, 2013 | -3.96 Mn |
| Mar 31, 2013 | -3.96 Mn |
| Dec 31, 2012 | -1.73 Mn |
| Dec 31, 2012 | -1.73 Mn |
| Sep 30, 2012 | 7.62 Mn |
| Sep 30, 2012 | 7.62 Mn |
| Jun 30, 2012 | 8.02 Mn |
| Jun 30, 2012 | 8.02 Mn |
| Mar 31, 2012 | 6.04 Mn |
| Mar 31, 2012 | 6.04 Mn |