State Ledger
Company profile

United States 12 Month Natural Gas Fund, LP CIK 1405513

Ticker
UNL (NYSE)
Industry
Commodity Contracts Brokers & Dealers
Headquarters
Walnut Creek, CA 94596
Fiscal year end
2025 (FY)
Market Data
Close
$5.89
Change
+$0.09
Change %
1.55%
Volume
5,200

UNL · trading date Oct 13, 2026 · previous close $5.80 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
—
Net income
-$971.5K
Total assets
$18.82M
Total liabilities
$104.6K
Stockholders' equity
—
Cash & equivalents
$18.16M
Operating income
—
Operating cash flow
$1.95M
Capital expenditures
—

Fiscal year 2025, via 10-K filed 2026-03-04. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
—
Net margin
—
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
0.6%
Equity / assets
—
CapEx / revenue
—
Operating cash flow / net income
-2.01×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 — -$971.5K $18.82M $104.6K —
2024 — -$1.22M $19.05M $373.4K —
2023 — -$13.28M $16.39M $93.8K —
2022 $3.95M $3.63M $25.11M $118.1K —
2021 $3.26M $3.16M $16.39M $72.4K —
Company Details
SIC code
6221
Active filer
Yes
Most recent SEC filing
Form 8-K
2026-08-28
Financials filed via
Form 10-K
filed 2026-03-04

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Walnut Creek, CA 94596
1850 MT. DIABLO BLVD.
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:16 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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