FY2025 · ended Dec 31, 2025 · Revenue $8,050, -28.1% YoY · Filed Mar 4, 2026
United States 12 Month Natural Gas Fund, LP (UNL) files with the SEC under industry code 6221, Commodity Contracts Brokers & Dealers. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $8,050 and a net loss of $971,479.
Revenue (TTM)
$7,000
-45.9% vs year-ago TTM
Net income (TTM)
$-4.54M
-369.8% vs year-ago TTM
Operating cash flow (TTM)
$-2.55M
-639.5% vs year-ago TTM
Free cash flow
—
EPS
—
Dividend per share
None
Shares outstanding
2.10M
+16.7% vs prior year
Net cash
—
Operating margin
—
Company profile
- Industry
- Commodity Contracts Brokers & Dealers (SIC 6221)
- Listed as
- UNL (NYSE)
- Fiscal year ends
- December 31
- Headquarters
- Walnut Creek, CA
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1405513
Other Commodity Contracts Brokers & Dealers companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $8,050 | $11,200 | $6,650 | $9,100 | $3,500 |
| Net income | -$971,479 | -$1.2M | -$13.3M | $3.6M | $3.2M |
| Operating cash flow | $2.0M | -$6.3M | -$17.2M | $12.5M | $2.6M |
| Total assets | $18.8M | $19.0M | $16.4M | $25.1M | $16.4M |
| Total liabilities | $104,602 | $373,422 | $93,788 | $118,053 | $72,449 |
| Cash and investments | $18.2M | $17.9M | $14.5M | $22.0M | $14.4M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Regulation FD disclosure
|
Oct 30, 2026 | Oct 30, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 29, 2026 | Sep 29, 2026 |
| 8-K |
Current report
Material agreement
|
Sep 25, 2026 | Sep 25, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Aug 28, 2026 | Aug 28, 2026 |
| 10-Q | Quarterly report | Aug 7, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Jul 29, 2026 | Jul 29, 2026 |
All 471 United States 12 Month Natural Gas Fund, LP SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.