United States 12 Month Oil Fund USL
NYSE USL
$54.61 +1.13 (+2.11%)
As of: Sep 8, 2026 · 3:44 PM EDT

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

United States 12 Month Oil Fund's (USL) quarterly Enterprise Value came in at $6.1 million in Q2 2026, little changed on a YoY basis from $6.1 million in Q2 2025, and up 192.63% quarter-over-quarter from $2.1 million in Q1 2026.

Analysis

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

United States 12 Month Oil Fund (USL) has reported Enterprise Value for 17 consecutive years, with $6.1 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Enterprise Value changed 0.14% year-over-year to $6.1 million; the trailing twelve-month figure through Jun 2026 stood at $6.1 million (changed 0.14% YoY), and the FY2025 full-year result was $8.2 million, down 71.21% from the prior year.
  • Enterprise Value rose to $6.1 million in Q2 2026 per USL's latest filing, from $2.1 million in the prior quarter.
  • Across five years, Enterprise Value topped out at $62.1 million in Q1 2022 and bottomed at $2.1 million in Q1 2026.
  • Historically, Enterprise Value has averaged $29.4 million across 5 years, with a median of $23.6 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Enterprise Value jumped 468.08% in 2022, then sank 82.38% in 2026.
  • Over 5 years, Enterprise Value stood at $54.7 million in 2022, then sank by 67.48% to $17.8 million in 2023, then surged by 60.07% to $28.5 million in 2024, then plunged by 71.21% to $8.2 million in 2025, then fell by 26.02% to $6.1 million in 2026.
  • According to Business Quant data, Enterprise Value over the past three periods registered $6.1 million, $2.1 million, and $8.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 BlackRock 169.89 Bn 156.02 Bn -
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
6 iShares Silver Trust 22.15 Bn -6.05 Bn -
7 Franklin Resources 17.84 Bn 14.12 Bn -
8 Invesco 14.63 Bn 13.72 Bn 1.79 Bn
9 Affiliated Managers 9.51 Bn 9.10 Bn -
10 United States 12 Month Oil Fund 58.33 Mn 23.57 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 6.07 Mn
Mar 31, 2026 2.07 Mn
Dec 31, 2025 8.21 Mn
Sep 30, 2025 5.55 Mn
Jun 30, 2025 6.06 Mn
Mar 31, 2025 11.78 Mn
Dec 31, 2024 28.50 Mn
Sep 30, 2024 16.98 Mn
Jun 30, 2024 21.82 Mn
Mar 31, 2024 25.38 Mn
Dec 31, 2023 17.80 Mn
Sep 30, 2023 53.80 Mn
Jun 30, 2023 37.51 Mn
Mar 31, 2023 54.40 Mn
Dec 31, 2022 54.74 Mn
Sep 30, 2022 57.91 Mn
Jun 30, 2022 58.92 Mn
Mar 31, 2022 62.15 Mn
Dec 31, 2021 114.46 Mn
Sep 30, 2021 37.45 Mn