United States 12 Month Natural Gas Fund, LP annual operating expenses
2010
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2025
United States 12 Month Natural Gas Fund, LP Operating Expenses Growth & History (UNL)
United States 12 Month Natural Gas Fund, LP's operating expenses was $235,619 for fiscal 2025.
View full United States 12 Month Natural Gas Fund, LP company overviewUnited States 12 Month Natural Gas Fund, LP annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $235,619 | −$139,463 | −37.18% |
| 2024 | 2024-12-31 | $375,082 | $49,634 | +15.25% |
| 2023 | 2023-12-31 | $325,448 | −$157,648 | −32.63% |
| 2022 | 2022-12-31 | $483,096 | $251,423 | +108.52% |
| 2021 | 2021-12-31 | $231,673 | $128,034 | +123.54% |
| 2020 | 2020-12-31 | $103,639 | −$9,718 | −8.57% |
| 2019 | 2019-12-31 | $113,357 | −$4,426 | −3.76% |
| 2018 | 2018-12-31 | $117,783 | −$38,495 | −24.63% |
| 2017 | 2017-12-31 | $156,278 | −$68,580 | −30.50% |
| 2016 | 2016-12-31 | $224,858 | −$6,962 | −3.00% |
| 2015 | 2015-12-31 | $231,820 | −$75,763 | −24.63% |
| 2014 | 2014-12-31 | $307,583 | −$113,975 | −27.04% |
| 2013 | 2013-12-31 | $421,558 | −$13,173 | −3.03% |
| 2012 | 2012-12-31 | $434,731 | $25,940 | +6.35% |
| 2011 | 2011-12-31 | $408,791 | −$74,175 | −15.36% |
| 2010 | 2010-12-31 | $482,966 | — | — |
United States 12 Month Natural Gas Fund, LP quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $83,046 | $31,460 | +60.99% |
| Q1 2026 | 2026-03-31 | $65,800 | $6,728 | +11.39% |
| Q4 2025 | 2025-12-31 | $60,496 | −$14,882 | −19.74% |
| Q3 2025 | 2025-09-30 | $64,465 | −$42,317 | −39.63% |
| Q2 2025 | 2025-06-30 | $51,586 | −$41,580 | −44.63% |
| Q1 2025 | 2025-03-31 | $59,072 | −$40,684 | −40.78% |
| Q4 2024 | 2024-12-31 | $75,378 | −$30,371 | −28.72% |
| Q3 2024 | 2024-09-30 | $106,782 | $18,322 | +20.71% |
| Q2 2024 | 2024-06-30 | $93,166 | $28,496 | +44.06% |
| Q1 2024 | 2024-03-31 | $99,756 | $33,187 | +49.85% |
| Q4 2023 | 2023-12-31 | $105,749 | $6,411 | +6.45% |
| Q3 2023 | 2023-09-30 | $88,460 | −$76,623 | −46.41% |
| Q2 2023 | 2023-06-30 | $64,670 | −$81,372 | −55.72% |
| Q1 2023 | 2023-03-31 | $66,569 | −$6,064 | −8.35% |
| Q4 2022 | 2022-12-31 | $99,338 | $40,120 | +67.75% |
| Q3 2022 | 2022-09-30 | $165,083 | $100,135 | +154.18% |
| Q2 2022 | 2022-06-30 | $146,042 | $86,005 | +143.25% |
| Q1 2022 | 2022-03-31 | $72,633 | $25,163 | +53.01% |
| Q4 2021 | 2021-12-31 | $59,218 | $32,197 | +119.16% |
| Q3 2021 | 2021-09-30 | $64,948 | $37,350 | +135.34% |
| Q2 2021 | 2021-06-30 | $60,037 | $33,993 | +130.52% |
| Q1 2021 | 2021-03-31 | $47,470 | $24,494 | +106.61% |
| Q4 2020 | 2020-12-31 | $27,021 | $1,946 | +7.76% |
| Q3 2020 | 2020-09-30 | $27,598 | $2,342 | +9.27% |
| Q2 2020 | 2020-06-30 | $26,044 | −$5,089 | −16.35% |
| Q1 2020 | 2020-03-31 | $22,976 | −$8,917 | −27.96% |
| Q4 2019 | 2019-12-31 | $25,075 | −$3,147 | −11.15% |
| Q3 2019 | 2019-09-30 | $25,256 | $76 | +0.30% |
| Q2 2019 | 2019-06-30 | $31,133 | $1,807 | +6.16% |
| Q1 2019 | 2019-03-31 | $31,893 | −$3,162 | −9.02% |
| Q4 2018 | 2018-12-31 | $28,222 | −$8,260 | −22.64% |
| Q3 2018 | 2018-09-30 | $25,180 | −$15,790 | −38.54% |
| Q2 2018 | 2018-06-30 | $29,326 | −$3,980 | −11.95% |
| Q1 2018 | 2018-03-31 | $35,055 | −$10,465 | −22.99% |
| Q4 2017 | 2017-12-31 | $36,482 | −$23,021 | −38.69% |
| Q3 2017 | 2017-09-30 | $40,970 | −$20,471 | −33.32% |
| Q2 2017 | 2017-06-30 | $33,306 | −$19,989 | −37.51% |
| Q1 2017 | 2017-03-31 | $45,520 | −$5,099 | −10.07% |
| Q4 2016 | 2016-12-31 | $59,503 | $6,062 | +11.34% |
| Q3 2016 | 2016-09-30 | $61,441 | $4,146 | +7.24% |
| Q2 2016 | 2016-06-30 | $53,295 | −$10,804 | −16.86% |
| Q1 2016 | 2016-03-31 | $50,619 | −$6,366 | −11.17% |
| Q4 2015 | 2015-12-31 | $53,441 | $2,839 | +5.61% |
| Q3 2015 | 2015-09-30 | $57,295 | −$18,196 | −24.10% |
| Q2 2015 | 2015-06-30 | $64,099 | −$20,991 | −24.67% |
| Q1 2015 | 2015-03-31 | $56,985 | −$39,415 | −40.89% |
| Q4 2014 | 2014-12-31 | $50,602 | −$54,237 | −51.73% |
| Q3 2014 | 2014-09-30 | $75,491 | −$19,340 | −20.39% |
| Q2 2014 | 2014-06-30 | $85,090 | −$15,677 | −15.56% |
| Q1 2014 | 2014-03-31 | $96,400 | −$24,721 | −20.41% |
| Q4 2013 | 2013-12-31 | $104,839 | −$38,791 | −27.01% |
| Q3 2013 | 2013-09-30 | $94,831 | −$27,654 | −22.58% |
| Q2 2013 | 2013-06-30 | $100,767 | $6,169 | +6.52% |
| Q1 2013 | 2013-03-31 | $121,121 | $47,103 | +63.64% |
| Q4 2012 | 2012-12-31 | $143,630 | $92,212 | +179.34% |
| Q3 2012 | 2012-09-30 | $122,485 | $2,828 | +2.36% |
| Q2 2012 | 2012-06-30 | $94,598 | −$30,162 | −24.18% |
| Q1 2012 | 2012-03-31 | $74,018 | −$38,938 | −34.47% |
| Q4 2011 | 2011-12-31 | $51,418 | — | — |
| Q3 2011 | 2011-09-30 | $119,657 | $49,556 | +70.69% |
| Q2 2011 | 2011-06-30 | $124,760 | $44,311 | +55.08% |
| Q1 2011 | 2011-03-31 | $112,956 | — | — |
| Q3 2010 | 2010-09-30 | $70,101 | — | — |
| Q2 2010 | 2010-06-30 | $80,449 | — | — |
United States 12 Month Natural Gas Fund, LP operating expenses trends
Over the last five fiscal years, United States 12 Month Natural Gas Fund, LP's operating expenses increased from $103,639 to $235,619, a change of $131,980. The latest reported quarter, Q2 2026, shows $83,046.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review United States 12 Month Natural Gas Fund, LP source filings ↗