United States 12 Month Natural Gas Fund (UNL) Operating Expenses (2010 - 2026)
United States 12 Month Natural Gas Fund posted quarterly Operating Expenses of $65800.0 for Q1 2026, up 11.39% year-on-year from $59072.0 in Q1 2025, and up 8.77% on a QoQ basis from $60496.0 in Q4 2025.
United States 12 Month Natural Gas Fund (UNL) has 17 years of Operating Expenses data on file, last reported at $65800.0 in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 11.39% year-over-year to $65800.0; the trailing twelve-month figure through Mar 2026 stood at $242347.0 (down 27.53% YoY), and the FY2025 full-year result was $235619.0, down 37.18% from the prior year.
- Operating Expenses for Q1 2026 stood at $65800.0, up from $60496.0 in the prior quarter.
- Across five years, Operating Expenses topped out at $165083.0 in Q3 2022 and bottomed at $51586.0 in Q2 2025.
- The 5-year median for Operating Expenses is $75378.0 (2024), against an average of $87355.6.
- The widest annual swing landed in 2022, when Operating Expenses jumped 154.18%; it then plunged 55.72% in 2023.
- A 5-year view of Operating Expenses shows it stood at $99338.0 in 2022, then increased by 6.45% to $105749.0 in 2023, then decreased by 28.72% to $75378.0 in 2024, then dropped by 19.74% to $60496.0 in 2025, then climbed by 8.77% to $65800.0 in 2026.
- The last three Operating Expenses figures came in at $65800.0 (Q1 2026), $60496.0 (Q4 2025), and $64465.0 (Q3 2025), per Business Quant data.
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 65,800.00 |
| Dec 31, 2025 | 60,496.00 |
| Sep 30, 2025 | 64,465.00 |
| Jun 30, 2025 | 51,586.00 |
| Mar 31, 2025 | 59,072.00 |
| Dec 31, 2024 | 75,378.00 |
| Sep 30, 2024 | 106,782.00 |
| Jun 30, 2024 | 93,166.00 |
| Mar 31, 2024 | 99,756.00 |
| Dec 31, 2023 | 105,749.00 |
| Sep 30, 2023 | 88,460.00 |
| Jun 30, 2023 | 64,670.00 |
| Mar 31, 2023 | 66,569.00 |
| Dec 31, 2022 | 99,338.00 |
| Sep 30, 2022 | 165,083.00 |
| Jun 30, 2022 | 146,042.00 |
| Mar 31, 2022 | 72,633.00 |
| Dec 31, 2021 | 59,218.00 |
| Sep 30, 2021 | 64,948.00 |
| Jun 30, 2021 | 60,037.00 |
| Mar 31, 2021 | 47,470.00 |
| Dec 31, 2020 | 27,021.00 |
| Sep 30, 2020 | 27,598.00 |
| Jun 30, 2020 | 26,044.00 |
| Mar 31, 2020 | 22,976.00 |
| Dec 31, 2019 | 25,075.00 |
| Sep 30, 2019 | 25,256.00 |
| Jun 30, 2019 | 31,133.00 |
| Mar 31, 2019 | 31,893.00 |
| Dec 31, 2018 | 28,222.00 |
| Sep 30, 2018 | 25,180.00 |
| Jun 30, 2018 | 29,326.00 |
| Mar 31, 2018 | 35,055.00 |
| Dec 31, 2017 | 36,482.00 |
| Sep 30, 2017 | 40,970.00 |
| Jun 30, 2017 | 33,306.00 |
| Mar 31, 2017 | 45,520.00 |
| Dec 31, 2016 | 59,503.00 |
| Sep 30, 2016 | 61,441.00 |
| Jun 30, 2016 | 53,295.00 |
| Mar 31, 2016 | 50,619.00 |
| Dec 31, 2015 | 53,441.00 |
| Sep 30, 2015 | 57,295.00 |
| Jun 30, 2015 | 64,099.00 |
| Mar 31, 2015 | 56,985.00 |
| Dec 31, 2014 | 50,602.00 |
| Sep 30, 2014 | 75,491.00 |
| Jun 30, 2014 | 85,090.00 |
| Mar 31, 2014 | 96,400.00 |
| Dec 31, 2013 | 104,839.00 |
| Sep 30, 2013 | 94,831.00 |
| Jun 30, 2013 | 100,767.00 |
| Mar 31, 2013 | 121,121.00 |
| Dec 31, 2012 | 143,630.00 |
| Sep 30, 2012 | 122,485.00 |
| Jun 30, 2012 | 94,598.00 |
| Mar 31, 2012 | 74,018.00 |
| Dec 31, 2011 | 51,418.00 |
| Sep 30, 2011 | 119,657.00 |
| Jun 30, 2011 | 124,760.00 |
| Mar 31, 2011 | 112,956.00 |
| Dec 31, 2010 | 93,490.00 |
| Sep 30, 2010 | 70,101.00 |
| Jun 30, 2010 | 80,449.00 |