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) Shares Outstanding (2010 - 2026)

United States 12 Month Oil Fund's (USL) quarterly Shares Outstanding (Entity) came in at $900000.0 in Q2 2026, down 25.0% on a YoY basis from $1.2 million in Q2 2025, and down 21.74% quarter-over-quarter from $1.2 million in Q1 2026.

Analysis

United States 12 Month Oil Fund (USL) Shares Outstanding (2010 - 2026) Analysis & Trends

United States 12 Month Oil Fund (USL) has reported Shares Outstanding (Entity) for 17 consecutive years, with $900000.0 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Shares Outstanding (Entity) fell 25.0% year-over-year to $900000.0; the trailing twelve-month figure through Jun 2026 stood at $900000.0 (down 25.0% YoY), and the FY2025 full-year result was $1.2 million, down 24.42% from the prior year.
  • Shares Outstanding (Entity) eased to $900000.0 in Q2 2026 per USL's latest filing, from $1.2 million in the prior quarter.
  • Across five years, Shares Outstanding (Entity) topped out at $4.5 million in Q1 2022 and bottomed at $900000.0 in Q2 2026.
  • Historically, Shares Outstanding (Entity) has averaged $2.0 million across 5 years, with a median of $1.6 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Shares Outstanding (Entity) plunged 55.71% in 2022, then decreased 4.17% in 2026.
  • Over 5 years, Shares Outstanding (Entity) stood at $3.5 million in 2022, then plunged by 48.38% to $1.8 million in 2023, then retreated by 11.79% to $1.6 million in 2024, then dropped by 24.42% to $1.2 million in 2025, then slipped by 25.0% to $900000.0 in 2026.
  • According to Business Quant data, Shares Outstanding (Entity) over the past three periods registered $900000.0, $1.2 million, and $1.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares Outstanding (Qtr)
1 BlackRock 169.89 Bn 156.02 Bn - 155.20 Mn
2 Spdr Gold Trust 144.81 Bn -413.20 Bn - 361.94 Mn
3 Ishares Gold Trust 30.30 Bn -29.81 Bn - 369.28 Mn
4 World Gold Trust 29.28 Bn -73.79 Bn - 339.27 Mn
5 Principal Financial 24.84 Bn -28.13 Bn 1.91 Bn 215.90 Mn
6 iShares Silver Trust 22.15 Bn -6.05 Bn - 372.94 Mn
7 Franklin Resources 17.84 Bn 14.12 Bn - 515.20 Mn
8 Invesco 14.63 Bn 13.72 Bn 1.79 Bn 451.30 Mn
9 Affiliated Managers 9.51 Bn 9.10 Bn - 26.40 Mn
10 United States 12 Month Oil Fund 58.33 Mn 23.57 Mn - 1.07 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.07 Mn
Mar 31, 2026 1.17 Mn
Dec 31, 2025 1.20 Mn
Sep 30, 2025 1.20 Mn
Jun 30, 2025 1.19 Mn
Mar 31, 2025 1.26 Mn
Dec 31, 2024 1.59 Mn
Sep 30, 2024 1.52 Mn
Jun 30, 2024 1.60 Mn
Mar 31, 2024 1.77 Mn
Dec 31, 2023 2.17 Mn
Sep 30, 2023 2.07 Mn
Jun 30, 2023 2.30 Mn
Mar 31, 2023 2.34 Mn
Dec 31, 2022 3.49 Mn
Sep 30, 2022 3.09 Mn
Jun 30, 2022 3.56 Mn
Mar 31, 2022 4.51 Mn
Dec 31, 2021 7.66 Mn
Sep 30, 2021 6.39 Mn