United States 12 Month Oil Fund, LP (USL) Financial Statements
Industry: Commodity Contracts Brokers & Dealers
In fiscal 2025, United States 12 Month Oil Fund reported revenue of -$5.3M, down 194.0% from $5.7M the year before. Net income was -$5.8M. Operating activities generated -$3.2M of cash. At fiscal year end, United States 12 Month Oil Fund held $36.8M in total assets against $172,220 in total liabilities, including $31.8M of cash and equivalents.
Open the full interactive United States 12 Month Oil Fund financials → Quarterly statements, key ratios, valuation history and price charts.
United States 12 Month Oil Fund Key Stats
| Share Price | $61.03 |
|---|---|
| Revenue YoY Growth | -194.0% |
| 52-Week Range | $32.33 – $61.03 |
United States 12 Month Oil Fund Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $110.3M | $94.9M | $39.4M | $551,333 | $5.7M | -$5.3M |
| Pre-Tax Income | $108.7M | $93.3M | $38.4M | -$56,520 | $5.1M | -$5.8M |
| Net Income | $108.7M | $93.3M | $38.4M | -$56,520 | $5.1M | -$5.8M |
United States 12 Month Oil Fund Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $496,874 | — | $17.0M | -$1.7M |
| Net Income | $373,725 | -$2.5M | $16.9M | -$1.9M |
United States 12 Month Oil Fund Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $181.6M | $99.5M | $21.0M | $23.5M | $31.9M | $31.8M |
| Total Assets | $219.5M | $149.2M | $87.2M | $67.2M | $49.6M | $36.8M |
| Total Liabilities | $23.0M | $11.6M | $3.9M | $225,707 | $219,506 | $172,220 |
| Shareholders' Equity | $196.5M | $137.7M | $83.3M | $66.9M | $49.4M | $36.6M |
United States 12 Month Oil Fund Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $97.4M | $100.0M | $49.7M | -$1.3M | $3.6M | -$3.2M |
| Cash From Financing | $33.5M | -$153.0M | -$89.2M | -$19.9M | -$22.6M | -$7.0M |
Figures from United States 12 Month Oil Fund's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full United States 12 Month Oil Fund financials page for every line item.
United States 12 Month Oil Fund Company Profile
| Ticker | USL |
|---|---|
| Exchange | NYSE |
| Industry | Commodity Contracts Brokers & Dealers |
| Headquarters | Walnut Creek, California |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001405528 |
Frequently Asked Questions
What was United States 12 Month Oil Fund's revenue in fiscal 2025?
United States 12 Month Oil Fund (USL) reported revenue of -$5.3M for fiscal 2025.
What is United States 12 Month Oil Fund's annual revenue history?
United States 12 Month Oil Fund's annual revenue by fiscal year: 2020: $110.3M; 2021: $94.9M; 2022: $39.4M; 2023: $551,333; 2024: $5.7M; 2025: -$5.3M.
What was United States 12 Month Oil Fund's net income in fiscal 2025?
United States 12 Month Oil Fund reported net income of -$5.8M for fiscal 2025.
What was United States 12 Month Oil Fund's revenue last quarter?
In its most recent reported quarter (2026 Q2), United States 12 Month Oil Fund reported revenue of -$1.7M.
When does United States 12 Month Oil Fund's fiscal year end?
United States 12 Month Oil Fund's fiscal year end, as registered with the SEC, is December 31.
Where is United States 12 Month Oil Fund headquartered?
United States 12 Month Oil Fund lists its business address in Walnut Creek, California in its SEC filings.
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