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United States 12 Month Natural Gas Fund Growth Metrics (2011-2026) | UNL

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1Y 3Y 5Y 7Y 10Y All

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Growth Metrics	Dec2011	Mar2012	Jun2012	Sep2012	Dec2012	Mar2013	Jun2013	Sep2013	Dec2013	Mar2014	Jun2014	Sep2014	Dec2014	Mar2015	Jun2015	Sep2015	Dec2015	Mar2016	Jun2016	Sep2016	Dec2016	Mar2017	Jun2017	Sep2017	Dec2017	Mar2018	Jun2018	Sep2018	Dec2018	Mar2019	Jun2019	Sep2019	Dec2019	Mar2020	Jun2020	Sep2020	Dec2020	Mar2021	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025	Mar2026
Growth Ratios
Enterprise Value Growth (1y) (Quarter)																																							-117.25%	-130.41%	-121.01%	-185.47%	-329.21%	-135.06%	-53.45%	42.38%	60.57%	56.08%	34.30%	-23.32%	-16.66%	-30.32%	-23.36%	0.30%	31.62%	39.22%	-16.58%	-14.41%
Enterprise Value Growth (3y) (Quarter)																																							-16.03%	-41.04%	-40.59%	-79.81%	-120.23%	-111.44%	-94.59%	-69.87%	-54.35%	-33.49%	-30.61%	-26.59%	-25.46%	-10.40%	-7.54%	10.86%	31.99%	29.67%	1.87%	-12.05%
Enterprise Value Growth (5y) (Quarter)																																							5.71%	-1.34%	0.95%	-15.30%	-34.24%	-31.10%	-25.01%	-13.12%	-21.47%	-23.70%	-22.88%	-32.80%	-37.50%	-40.17%	-42.96%	-43.23%	-24.01%	-13.51%	-26.23%	-18.27%
Enterprise Value (QoQ) (Quarter)																																							-18.36%	-57.34%	-3.90%	-47.54%	-77.95%	13.83%	32.17%	44.60%	-21.79%	4.02%	-1.46%	-3.99%	-15.21%	-7.21%	3.96%	15.96%	20.98%	4.71%	-84.23%	17.53%
FCF Margin Growth (1y) (Quarter)																																							0.04M	0.01M	-0.00M	-0.00M	-0.00M	-0.00M	0.00M	-0.02M	-0.26M	-0.04M	-0.00M	-0.01M	0.26M	0.01M	-0.00M	0.03M	-0.01M	0.03M	0.01M	-6.43M
FCF Margin Growth (3y) (Quarter)																																							0.01M	0.02M	-0.02M	0.02M	0.00M	0.02M	0.01M	0.00M	-0.23M	-0.04M	-0.00M	-0.03M	-0.00M	-0.03M	-0.00M	-30.00	-0.01M	-0.01M	0.00M	-6.41M
FCF Margin Growth (5y) (Quarter)																																							0.00M	-0.01M	160.00	0.02M	-0.00M	0.04M	0.00M	0.05M	-0.26M	-0.02M	-0.02M	-0.01M	802.00	-0.02M	0.01M	0.02M	0.03M	-0.00M	0.00M	-6.43M
FCF Margin (QoQ) (Quarter)																																							-0.01M	0.00M	-0.01M	0.01M	-0.01M	0.00M	-0.01M	-0.01M	-0.25M	0.23M	0.03M	-0.01M	0.02M	-0.03M	0.02M	0.02M	-0.01M	0.00M	-247.00	-6.42M