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United States 12 Month Oil Fund(NYSEMKT) USL

Market CapN/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2007)-6%
5 Year+96%
1 Year+36%
1 Month+1%
$50.41
+4.78%
+2.30Today
United States 12 Month Oil Fund last closing stock price
MetricPriceDate
Last closeUSD 48.112026-08-07
United States 12 Month Oil Fund stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-4.03%USD 50.132026-07-31
1 month+1%USD 47.642026-07-08
3 month-7.81%USD 52.192026-05-08
Year to date+44.41%USD 33.322025-12-31
1 year+35.62%USD 35.482025-08-07
3 year+27.6%USD 37.712023-08-08
5 year+95.58%USD 24.602021-08-06
Since inception-6.41%USD 51.412007-12-06

United States 12 Month Oil Fund Financials at a Glance

Market Cap

N/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

N/A

Net Income (TTM)

N/A

EPS (TTM)

$0.00

P/E Ratio

0.00

Dividend

$0.00

Beta (Volatility)

0.22 (Low)

Price

$50.41

Volume

7,255.754

Open

$49.30

Previous Close

$48.11

Daily Range

$49.30 - $50.74

52-Week Range

$32.25 - $56.75

Estimated Earnings Date

N/A

USL News

Why This Oil ETF Could Do Better Than Crude

Dan CaplingerApr 18, 2013

Oil ETF Investing: 5 Ways to Play

ETF DatabaseAug 2, 2010

United States 12 Month Oil: Warming Up or Cooling Off?

Motley Fool StaffDec 1, 2009

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About United States 12 Month Oil Fund

USL lets investors track oil price trends without buying physical oil. It invests in oil futures, helping people gain exposure to oil markets. This approach offers a way to follow oil prices for both individuals and institutions.

Futures, Not Fuel: What USL Offers

  • Oil Futures Exposure: Tracks the average price of 12 months of crude oil futures; 100% of income comes from these investments.
  • Collateral Management: Holds cash and money market funds as collateral for futures contracts, earning interest income.
  • Oil Derivatives: May use options, swaps, and forwards to manage risk and liquidity, though not used in the latest period.
  • Single-Segment Focus: All activities center on oil-related futures and derivatives, with no other business lines.

Growth Moves: USL’s Playbook

  • Registered unlimited shares for issuance in April 2023, allowing flexible capital raising.
  • Expanded ability to invest in oil-related derivatives, though focused on NYMEX WTI futures as of June 2025.
  • Managed by United States Commodity Funds, which operates other commodity funds, adding operational expertise.

What Makes USL Stand Out

USL spreads investments across 12 months of oil futures, not just one. This helps reduce the impact of short-term market swings. The fund avoids leverage and keeps high liquidity by holding significant cash reserves.

Five Things You Need to Know

  • Net asset value per share fell 7.42% to $35.19 from December 2024 to June 2025.
  • Net loss was $3.64 million for the six months ended June 30, 2025, down from $9.15 million net income for the six months ended June 30, 2024.
  • Average daily net assets dropped 31% to $44.5 million for the six months ended June 30, 2025 from $64.7 million for the six months ended June 30, 2024.
  • Management fee is 0.60% of average daily net assets, annualized.
  • USL does not use leverage and maintains high liquidity for margin and redemptions.

Bottom Line

USL offers a unique way to track oil prices through diversified futures contracts. Its structure aims to reduce volatility and maintain liquidity for investors.

AI Generated • Apr 16, 2026

Industry

Capital Markets

Sector

Financials

Headquarters

Walnut Creek, CA 94596, US

USL Financials

Key Financial Metrics (TTM)

Gross Margin

N/A

Operating Margin

N/A

Net Income Margin

N/A

Return on Equity

0.00%

Return on Capital

N/A

Return on Assets

N/A

Earnings Yield

N/A

Dividend Yield

0.00%

Payout Ratio

N/A

Stock Overview

Market Cap

N/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

900.00K

Volume

7.26K

Avg. Volume

19.76K

Financials (TTM)

Gross Profit

N/A

Operating Income

N/A

EBITDA

N/A

Operating Cash Flow

N/A

Capital Expenditure

N/A

Free Cash Flow

N/A

Cash & ST Invst.

N/A

Total Debt

N/A

United States 12 Month Oil Fund Performance Analysis

Revenue Growth Rate

Annual and quarterly growth comparison

Currently no data to display.

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Currently no data to display.

Quarterly Performance

Name
CurrentYOY CHG

Revenue

N/A

N/A

Gross Profit

N/A

N/A

Gross Margin

N/A

N/A

Market Cap

N/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

N/A

N/A

Net Income

N/A

N/A

EBITDA

N/A

N/A

Quarterly Fundamentals

Name
CurrentYOY CHG

Total Cash

N/A

N/A

Total Debt

N/A

N/A

Accounts Receivable

N/A

N/A

Inventory

N/A

N/A

Long Term Debt

N/A

N/A

Short Term Debt

N/A

N/A

Return on Assets

N/A

N/A

Return on Invested Capital

N/A

N/A

Free Cash Flow

N/A

N/A

Operating Cash Flow

N/A

N/A

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Questions About USL

What is the current price of United States 12 Month Oil Fund?

United States 12 Month Oil Fund is trading at $50.47 per share.

What is the 52-week range for United States 12 Month Oil Fund?

Over the past 52 weeks, United States 12 Month Oil Fund has traded between $32.25 and $56.75.

How much debt does United States 12 Month Oil Fund have?

United States 12 Month Oil Fund total debt is unavailable.

How much cash does United States 12 Month Oil Fund have on hand?

United States 12 Month Oil Fund does not have cash on hand data available.

What is United States 12 Month Oil Fund’s dividend yield?

United States 12 Month Oil Fund does not currently have a dividend yield.

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