United States 12 Month Oil Fund (USL) Enterprise Value (2010 - 2026)

United States 12 Month Oil Fund (USL) posted Enterprise Value of -$53.4 million for Q1 2026, down 67.91% on a QoQ basis from -$31.8 million in Q4 2025, and down 56.61% year-over-year from -$123.0 million in Q1 2025.

United States 12 Month Oil Fund (USL) Enterprise Value (2010 - 2026) Analysis & Trends

United States 12 Month Oil Fund's Enterprise Value history runs 17 years deep, the most recent figure standing at -$53.4 million for Q1 2026.

  • Quarterly Enterprise Value fell 56.61% year-over-year to -$53.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$53.4 million (down 56.61% YoY) and the FY2025 annual result came in at -$31.8 million, down 75.96% from the prior year.
  • Enterprise Value was -$53.4 million for Q1 2026 at United States 12 Month Oil Fund, down from -$31.8 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$18.1 million in Q4 2024 and bottomed at -$105.3 million in Q1 2022.
  • A 5-year average of -$35.2 million and a median of -$31.8 million in 2025 frame the typical range for Enterprise Value.
  • Annual changes were most pronounced in 2023 — Enterprise Value surged 81.18% — and 2025, when it plunged 77.84%.
  • United States 12 Month Oil Fund's Enterprise Value stood at -$21.0 million in 2022, then decreased by 11.97% to -$23.5 million in 2023, then grew by 23.29% to -$18.1 million in 2024, then plunged by 75.96% to -$31.8 million in 2025, then sank by 67.91% to -$53.4 million in 2026.
  • Business Quant data shows USL's Enterprise Value at -$53.4 million in Q1 2026, -$31.8 million in Q4 2025, and -$35.4 million in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 -53.36 Mn
Dec 31, 2025 -31.78 Mn
Sep 30, 2025 -35.39 Mn
Jun 30, 2025 -36.08 Mn
Mar 31, 2025 -34.07 Mn
Dec 31, 2024 -18.06 Mn
Sep 30, 2024 -20.77 Mn
Jun 30, 2024 -20.28 Mn
Mar 31, 2024 -20.38 Mn
Dec 31, 2023 -23.54 Mn
Sep 30, 2023 -26.39 Mn
Jun 30, 2023 -32.62 Mn
Mar 31, 2023 -19.81 Mn
Dec 31, 2022 -21.03 Mn
Sep 30, 2022 -36.28 Mn
Jun 30, 2022 -63.71 Mn
Mar 31, 2022 -105.26 Mn
Dec 31, 2021 -99.55 Mn
Sep 30, 2021 -107.32 Mn
Jun 30, 2021 -144.24 Mn