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| Date | Value |
|---|---|
| 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 |