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United States 12 month Natural Gas Fund Lp  (NYSE: UNL)
Other Ticker:  
 
    Sector  Financial    Industry Exchange Traded Funds Etf
 
Price: $8.6600 $-0.06 -0.688%
Day's High: $8.67 Week Perf: 4.84 %
Day's Low: $ 8.64 30 Day Perf: 6.26 %
Volume (M): 3 52 Wk High: $ 9.35
Volume (M$): $ 27 52 Wk Avg: $7.84
Open: $8.67 52 Wk Low: $6.79



 Market Capitalization (Millions $) 14
 Shares Outstanding (Millions) 2
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -6
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 0

United States 12 Month Natural Gas Fund Lp

The United States 12 Month Natural Gas Fund, LP (“UNL”) is a Delaware limited partnership organized on June 27, 2007. UNL maintains its main business office at 1999 Harrison Street, Suite 1530, Oakland, California 94612. UNL is a commodity pool that issues limited partnership interests (“shares”) traded on the NYSE Arca, Inc. (the “NYSE Arca”). It operates pursuant to the terms of the Second Amended and Restated Agreement of Limited Partnership dated as of March 1, 2013 (as amended from time to time, the “LP Agreement”), which grants full management control to its general partner, United States Commodity Funds LLC (“USCF”).

The investment objective of UNL is for the daily changes in percentage terms of its shares’ per share net asset value (“NAV”) to reflect the daily changes in percentage terms of the spot price of natural gas delivered at the Henry Hub, Louisiana, as measured by the daily changes in the average of the prices of 12 futures contracts on natural gas traded on the New York Mercantile Exchange (the “NYMEX”), consisting of the near month contract to expire and the contracts for the following 11 months, for a total of 12 consecutive months’ contracts, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire and the contracts for the following 11 consecutive months (the “Benchmark Futures Contracts”), less UNL’s expenses. When calculating the daily movement of the average price of the 12 contracts, each contract month is equally weighted. It is not the intent of UNL to be operated in a fashion such that the per share NAV will equal, in dollar terms, the spot price of natural gas or any particular futures contract based on natural gas. It is not the intent of UNL to be operated in a fashion such that its per share NAV will reflect the percentage change of the price of any particular futures contract as measured over a time period greater than one day. USCF believes that it is not practical to manage the portfolio to achieve such an investment goal when investing in Futures Contracts (as defined below) and Other Natural Gas-Related Investments (as defined below). UNL’s shares began trading on November 18, 2009. USCF is the general partner of UNL and is responsible for the management of UNL.

USCF is a single member limited liability company that was formed in the state of Delaware on May 10, 2005. USCF maintains its main business office at 1999 Harrison Street, Suite 1530, Oakland, California 94612. USCF is a wholly-owned subsidiary of Wainwright Holdings, Inc., a Delaware corporation (“Wainwright”). Mr. Nicholas Gerber (discussed below) controls Wainwright by virtue of his ownership or control of a majority of Wainwright’s shares. Wainwright is a holding company that currently holds shares of both USCF, as well as USCF Advisers LLC, an investment adviser registered under the Investment Advisers Act of 1940, as amended. USCF Advisers LLC serves as the investment adviser for the Stock Split Index Fund, a series of the USCF ETF Trust. USCF ETF Trust is registered under the Investment Company Act of 1940, as amended (the “1940 Act”). The Board of Trustees for the USCF ETF Trust consists of different independent trustees than those independent directors who serve on the Board of Directors of USCF. USCF is a member of the National Futures Association (the “NFA”) and registered as a commodity pool operator (“CPO”) with the Commodity Futures Trading Commission (the “CFTC”) on December 1, 2005 and as a Swaps Firm on August 8, 2013.

USCF also serves as general partner or sponsor of the United States Oil Fund, LP (“USO”), the United States Natural Gas Fund, LP (“UNG”), the United States 12 Month Oil Fund, LP (“USL”), the United States Gasoline Fund, LP (“UGA”), the United States Diesel-Heating Oil Fund, LP (“UHN”), the United States Short Oil Fund, LP (“DNO”), the United States Brent Oil Fund, LP (“BNO”), the United States Commodity Index Fund (“USCI”), the United States Copper Index Fund (“CPER”) and the United States Agriculture Index Fund (“USAG”). USO, UNG, USL, UGA, UHN, DNO, BNO, USCI, CPER and USAG are actively operating funds and all are listed on the NYSE Arca, and referred to collectively herein as the “Related Public Funds.” The Related Public Funds are subject to reporting requirements under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). For more information about each of the Related Public Funds, investors in UNL may call 1.800.920.0259 or visit www.unitedstatescommodityfunds.com or the U.S. Securities and Exchange Commission’s (the “SEC”) website at www.sec.gov.

An investment in the shares provides a means for diversifying an investor’s portfolio or hedging exposure to changes in natural gas prices. An investment in the shares allows both retail and institutional investors to easily gain this exposure to the natural gas market in a transparent, cost-effective manner.

The net assets of UNL consist primarily of investments in futures contracts for natural gas, crude oil, diesel-heating oil, gasoline, and other petroleum-based fuels that are traded on the NYMEX, ICE Futures or other U.S. and foreign exchanges (collectively, “Futures Contracts”) and, to a lesser extent, in order to comply with regulatory requirements or in view of market conditions, other natural gas-related investments such as cash-settled options on Futures Contracts, forward contracts for natural gas, cleared swap contracts and non-exchange traded over-the-counter (“OTC”) transactions that are based on the price of natural gas, oil and other petroleum-based fuels, Futures Contracts and indices based on the foregoing (collectively, “Other Natural Gas-Related Investments”). Market conditions that USCF currently anticipates could cause UNL to invest in Other Natural Gas-Related Investments include those allowing UNL to obtain greater liquidity or to execute transactions with more favorable pricing. For convenience and unless otherwise specified.

By remaining invested as fully as possible in Futures Contracts or Other Natural Gas-Related Investments, USCF believes that the daily changes in percentage terms in UNL’s per share NAV will continue to closely track the daily changes in percentage terms in the average of the prices of the Benchmark Futures Contracts. USCF believes that certain arbitrage opportunities result in the price of the shares traded on the NYSE Arca closely tracking the per share NAV of UNL. Additionally, Futures Contracts traded on the NYMEX have closely tracked the spot price of natural gas. Based on these expected interrelationships, USCF believes that the daily changes in the price of UNL’s shares traded on the NYSE Arca, on a percentage basis, have closely tracked and will continue to closely track on a daily basis, the daily changes in the spot price of natural gas, on a percentage basis.



   Company Address: 1850 Mt. Diablo Boulevard, Suite 640 Walnut Creek 94596 CA
   Company Phone Number: 522-9600   Stock Exchange / Ticker: NYSE UNL


Customers Net Income fell by UNL's Customers Net Profit Margin fell to

-5.28 %

17.69 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BNO   -1.51%    
DBO   -2.05%    
UGA        0.27% 
• View Complete Report
   



United States 12 Month Natural Gas Fund Lp

UNL Reports Significant Improvement in Financial Performance for Q1 2024, Investors Optimistic for Future Growth

Investors in the stock market have reason to smile as they look towards the financial first quarter of 2024. United States 12 Month Natural Gas Fund Lp has shown a significant improvement in their financial performance compared to the previous year.
One of the key highlights is the decrease in loss per share, which now stands at $-0.81 per share. This is a substantial improvement from the numbers reported a year ago, which were at $-5.58 per share. In addition, the net loss for the fiscal interval ending March 31, 2024 was $-2.278 million, a significant decrease from the $-7.597 million reported in the same period last year.
This positive financial performance is a result of strategic decisions and management initiatives that have been put in place to drive growth and profitability. Investors can take comfort in the fact that UNL is heading in the right direction and is on track to deliver strong results in the coming quarters.

United States 12 Month Natural Gas Fund Lp

United States 12 Month Natural Gas Fund Lp Sees Improvement in Fourth Quarter Performance

In the most recent fiscal period, United States 12 Month Natural Gas Fund Lp continued to face challenges as they reported a net loss of $4.588 million, compared to a deficit of $7.436 million in the same period a year ago. This marks an improvement, however, the company still has a long way to go in terms of achieving profitability.
The company's earnings per share also took a hit, standing at $-8.66 compared to $5.59 in the previous fiscal year. This represents a significant decline of -432.08% from $3.95 million a year before. These numbers reflect a struggling performance by United States 12 Month Natural Gas Fund Lp in the face of market challenges.

United States 12 Month Natural Gas Fund Lp

United States 12 Month Natural Gas Fund Lp Defies the Odds, Overcoming Setbacks and Making Positive Strides Towards Recovery

The Stock Market Sees Encouraging Signs for United States 12 Month Natural Gas Fund Lp
Amidst the ever-changing landscape of the stock market, it is always a pleasure to come across a company that is making positive strides despite temporary setbacks. United States 12 Month Natural Gas Fund Lp (UNL) is one such company that has faced challenges but is now on its way to recovering and achieving success.
In its September 30, 2023, report, UNL revealed a deficit per stock at -$0.64 per share, which is in stark contrast to the $4.34 per share reported in the previous year. It is important to note that the preceding reporting period also showed a deficit, with a per-share value of -$0.15. However, it is worth mentioning that this is an improvement from the preceding reporting period where the value was -$0.14 million.

United States 12 Month Natural Gas Fund Lp

UNL Set to Experience Major Shifts in Natural Gas Market within April-June 2023 Time-Frame



Summary:
United States 12 Month Natural Gas Fund Lp (UNL) has reported positive news for investors, revealing a decreased loss per share for the fiscal interval closing on June 30, 2023. UNL reported a loss of $-0.15 per share, an improvement from the previous year's loss of $-0.23 per share. Furthermore, the company's net shortfall decreased from $-7.56 million in the prior reporting period to $-0.173 million in the April to June 30, 2023 period. UNL's accounts receivable also showed a significant increase, indicating a rise in demand for natural gas.
Article:
United States 12 Month Natural Gas Fund Lp (UNL) has reported promising financial results for the fiscal interval closing on June 30, 2023. The company announced a decreased loss per share, with a figure of $-0.15 per share, compared to $-0.23 per share in the same reporting period a year ago. This improvement suggests that UNL is making progress in managing its losses and heading towards a more profitable future.
In addition to the improved loss per share, UNL's net shortfall for the April to June 30, 2023 time-frame was significantly reduced to $-0.173 million. This is a stark contrast to the $-7.470 million deficit reported in the comparable reporting period a year ago. The impressive reduction in net shortfall demonstrates the company's ability to better manage its finances and suggests a positive outlook for its future performance.

United States 12 Month Natural Gas Fund Lp

United States 12 Month Natural Gas Fund LP's UNL Soars with Impressive 22.98% ROE in Q1 2023

performance.
The United States 12 Month Natural Gas Fund Lp has made an impressive return on equity (ROE) of 22.98% in its first quarter of 2023. This is significantly higher than its average return on equity, which stands at 0%. Despite a decline in net income, the ROE achieved by the fund is the highest in the Investment Services industry, indicating its exceptional performance and management.







United States 12 Month Natural Gas Fund Lp's Segments





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