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

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

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

United States 12 Month Oil Fund has reported Enterprise Value for 17 years, with the latest figure at -$53.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Enterprise Value fell 56.61% year-over-year to -$53.4 million; the trailing twelve-month figure through Mar 2026 stood at -$53.4 million (down 56.61% YoY), and the FY2025 full-year result was -$31.8 million, changed 0.29% from the prior year.
  • Enterprise Value for Q1 2026 stood at -$53.4 million, down from -$31.8 million in the prior quarter.
  • The five-year high for Enterprise Value was -$8.6 million in Q2 2025, with the low at -$105.3 million in Q1 2022.
  • Historically, Enterprise Value has averaged -$39.4 million across 5 years, with a median of -$34.1 million in 2025.
  • Annual changes were most pronounced in 2023 — Enterprise Value surged 81.18% — and 2025, when it tumbled 67.19%.
  • United States 12 Month Oil Fund's Enterprise Value stood at -$69.0 million in 2022, then soared by 65.91% to -$23.5 million in 2023, then plunged by 35.36% to -$31.9 million in 2024, then grew by 0.29% to -$31.8 million in 2025, then tumbled by 67.91% to -$53.4 million in 2026.
  • The last three Enterprise Value figures came in at -$53.4 million (Q1 2026), -$31.8 million (Q4 2025), and -$35.4 million (Q3 2025), per Business Quant data.

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 -8.57 Mn
Mar 31, 2025 -34.07 Mn
Dec 31, 2024 -31.87 Mn
Sep 30, 2024 -36.92 Mn
Jun 30, 2024 -40.98 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 -69.05 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