FY2025 · ended Dec 31, 2025 · Revenue $-5.33M, -194.0% YoY · Filed Feb 27, 2026
United States 12 Month Oil Fund, LP (USL) files with the SEC under industry code 6221, Commodity Contracts Brokers & Dealers. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $5.3 million and a net loss of $5.8 million.
Revenue (TTM)
$13.33M
+285.3% vs year-ago TTM
Net income (TTM)
$12.87M
+266.3% vs year-ago TTM
Operating cash flow (TTM)
$11.66M
+779.3% vs year-ago TTM
Free cash flow
—
EPS
—
Dividend per share
None
Shares outstanding
1.20M
-4.0% vs prior year
Net cash
—
Operating margin
—
Company profile
- Industry
- Commodity Contracts Brokers & Dealers (SIC 6221)
- Listed as
- USL (NYSE)
- Fiscal year ends
- December 31
- Headquarters
- Walnut Creek, CA
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1405528
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 | -$5.3M | $5.7M | $551,333 | $39.4M | $94.9M |
| Net income | -$5.8M | $5.1M | -$56,520 | $38.4M | $93.3M |
| Operating cash flow | -$3.2M | $3.6M | -$1.3M | $49.7M | $100.0M |
| Total assets | $36.8M | $49.6M | $67.2M | $87.2M | $149.2M |
| Total liabilities | $172,220 | $219,506 | $225,707 | $3.9M | $11.6M |
| Cash and investments | $31.8M | $31.9M | $23.5M | $21.0M | $99.5M |
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 518 United States 12 Month Oil Fund, LP SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.