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

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

United States 12 Month Oil Fund (USL) has 17 years of Enterprise Value data on file, last reported 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.
  • Across five years, Enterprise Value topped out at -$8.6 million in Q2 2025 and bottomed at -$105.3 million in Q1 2022.
  • The 5-year median for Enterprise Value is -$34.1 million (2025), against an average of -$39.4 million.
  • The widest annual swing landed in 2023, when Enterprise Value surged 81.18%; it then sank 67.19% in 2025.
  • A 5-year view of Enterprise Value shows it stood at -$69.0 million in 2022, then jumped by 65.91% to -$23.5 million in 2023, then tumbled by 35.36% to -$31.9 million in 2024, then increased by 0.29% to -$31.8 million in 2025, then slumped 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.

Historic Data

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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
Mar 31, 2021 -185.99 Mn
Dec 31, 2020 -181.57 Mn
Sep 30, 2020 -187.05 Mn
Jun 30, 2020 -235.64 Mn
Mar 31, 2020 -35.03 Mn
Dec 31, 2019 -45.17 Mn
Sep 30, 2019 -42.36 Mn
Jun 30, 2019 -46.87 Mn
Mar 31, 2019 -53.10 Mn
Dec 31, 2018 -42.73 Mn
Sep 30, 2018 -66.27 Mn
Jun 30, 2018 -79.03 Mn
Mar 31, 2018 -73.87 Mn
Dec 31, 2017 -83.24 Mn
Sep 30, 2017 -89.53 Mn
Jun 30, 2017 -98.80 Mn
Mar 31, 2017 -99.93 Mn
Dec 31, 2016 -117.37 Mn
Sep 30, 2016 -112.34 Mn
Jun 30, 2016 -103.85 Mn
Mar 31, 2016 -98.62 Mn
Dec 31, 2015 -61.38 Mn
Sep 30, 2015 -62.66 Mn
Jun 30, 2015 -73.52 Mn
Mar 31, 2015 -66.30 Mn
Dec 31, 2014 -33.46 Mn
Sep 30, 2014 -47.51 Mn
Jun 30, 2014 -53.30 Mn
Mar 31, 2014 -51.75 Mn
Dec 31, 2013 -59.38 Mn
Sep 30, 2013 -73.98 Mn
Jun 30, 2013 -65.81 Mn
Mar 31, 2013 -91.93 Mn
Dec 31, 2012 -86.71 Mn
Sep 30, 2012 -103.07 Mn
Jun 30, 2012 -94.39 Mn
Mar 31, 2012 -136.45 Mn
Dec 31, 2011 -123.74 Mn
Dec 31, 2010 -152.95 Mn