United States 12 Month Oil Fund, LP annual operating expenses
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2020
United States 12 Month Oil Fund, LP Operating Expenses Growth & History (USL)
United States 12 Month Oil Fund, LP's operating expenses was $1.6M for fiscal 2020.
View full United States 12 Month Oil Fund, LP company overviewUnited States 12 Month Oil Fund, LP annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2020 | 2020-12-31 | $1.6M | $1.1M | +218.44% |
| 2019 | 2019-12-31 | $497,537 | −$152,063 | −23.41% |
| 2018 | 2018-12-31 | $649,600 | −$280,115 | −30.13% |
| 2017 | 2017-12-31 | $929,715 | $123,842 | +15.37% |
| 2016 | 2016-12-31 | $805,873 | $230,367 | +40.03% |
| 2015 | 2015-12-31 | $575,506 | $86,766 | +17.75% |
| 2014 | 2014-12-31 | $488,740 | −$353,997 | −42.01% |
| 2013 | 2013-12-31 | $842,737 | −$207,641 | −19.77% |
| 2012 | 2012-12-31 | $1.1M | −$587,346 | −35.86% |
| 2011 | 2011-12-31 | $1.6M | $337,940 | +26.00% |
| 2010 | 2010-12-31 | $1.3M | — | — |
United States 12 Month Oil Fund, LP quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | $93,987 | −$55,036 | −36.93% |
| Q3 2025 | 2025-09-30 | $123,149 | −$56,374 | −31.40% |
| Q2 2025 | 2025-06-30 | $98,273 | −$45,419 | −31.61% |
| Q1 2025 | 2025-03-31 | $115,985 | −$31,008 | −21.09% |
| Q4 2024 | 2024-12-31 | $149,023 | −$12,813 | −7.92% |
| Q3 2024 | 2024-09-30 | $179,523 | $22,817 | +14.56% |
| Q2 2024 | 2024-06-30 | $143,692 | $674 | +0.47% |
| Q1 2024 | 2024-03-31 | $146,993 | $700 | +0.48% |
| Q4 2023 | 2023-12-31 | $161,836 | −$18,011 | −10.01% |
| Q3 2023 | 2023-09-30 | $156,706 | −$82,590 | −34.51% |
| Q2 2023 | 2023-06-30 | $143,018 | −$179,114 | −55.60% |
| Q1 2023 | 2023-03-31 | $146,293 | −$186,703 | −56.07% |
| Q4 2022 | 2022-12-31 | $179,847 | −$149,224 | −45.35% |
| Q3 2022 | 2022-09-30 | $239,296 | −$130,262 | −35.25% |
| Q2 2022 | 2022-06-30 | $322,132 | −$146,811 | −31.31% |
| Q1 2022 | 2022-03-31 | $332,996 | −$112,981 | −25.33% |
| Q4 2021 | 2021-12-31 | $329,071 | −$84,681 | −20.47% |
| Q3 2021 | 2021-09-30 | $369,558 | −$184,613 | −33.31% |
| Q2 2021 | 2021-06-30 | $468,943 | −$42,082 | −8.23% |
| Q1 2021 | 2021-03-31 | $445,977 | $340,586 | +323.16% |
| Q4 2020 | 2020-12-31 | $413,752 | $297,383 | +255.55% |
| Q3 2020 | 2020-09-30 | $554,171 | $440,042 | +385.57% |
| Q2 2020 | 2020-06-30 | $511,025 | $378,050 | +284.30% |
| Q1 2020 | 2020-03-31 | $105,391 | −$28,673 | −21.39% |
| Q4 2019 | 2019-12-31 | $116,369 | −$24,874 | −17.61% |
| Q3 2019 | 2019-09-30 | $114,129 | −$49,552 | −30.27% |
| Q2 2019 | 2019-06-30 | $132,975 | −$39,322 | −22.82% |
| Q1 2019 | 2019-03-31 | $134,064 | −$38,315 | −22.23% |
| Q4 2018 | 2018-12-31 | $141,243 | −$91,917 | −39.42% |
| Q3 2018 | 2018-09-30 | $163,681 | −$50,847 | −23.70% |
| Q2 2018 | 2018-06-30 | $172,297 | −$53,084 | −23.55% |
| Q1 2018 | 2018-03-31 | $172,379 | −$84,267 | −32.83% |
| Q4 2017 | 2017-12-31 | $233,160 | $10,595 | +4.76% |
| Q3 2017 | 2017-09-30 | $214,528 | $7,822 | +3.78% |
| Q2 2017 | 2017-06-30 | $225,381 | $17,127 | +8.22% |
| Q1 2017 | 2017-03-31 | $256,646 | $88,298 | +52.45% |
| Q4 2016 | 2016-12-31 | $222,565 | $88,161 | +65.59% |
| Q3 2016 | 2016-09-30 | $206,706 | $65,295 | +46.17% |
| Q2 2016 | 2016-06-30 | $208,254 | $33,659 | +19.28% |
| Q1 2016 | 2016-03-31 | $168,348 | $43,252 | +34.58% |
| Q4 2015 | 2015-12-31 | $134,404 | $39,862 | +42.16% |
| Q3 2015 | 2015-09-30 | $141,411 | $25,636 | +22.14% |
| Q2 2015 | 2015-06-30 | $174,595 | $41,756 | +31.43% |
| Q1 2015 | 2015-03-31 | $125,096 | −$20,488 | −14.07% |
| Q4 2014 | 2014-12-31 | $94,542 | −$75,655 | −44.45% |
| Q3 2014 | 2014-09-30 | $115,775 | −$89,253 | −43.53% |
| Q2 2014 | 2014-06-30 | $132,839 | −$87,578 | −39.73% |
| Q1 2014 | 2014-03-31 | $145,584 | −$101,511 | −41.08% |
| Q4 2013 | 2013-12-31 | $170,197 | −$50,463 | −22.87% |
| Q3 2013 | 2013-09-30 | $205,028 | −$43,677 | −17.56% |
| Q2 2013 | 2013-06-30 | $220,417 | −$44,880 | −16.92% |
| Q1 2013 | 2013-03-31 | $247,095 | −$68,621 | −21.74% |
| Q4 2012 | 2012-12-31 | $220,660 | −$97,517 | −30.65% |
| Q3 2012 | 2012-09-30 | $248,705 | −$109,807 | −30.63% |
| Q2 2012 | 2012-06-30 | $265,297 | −$233,253 | −46.79% |
| Q1 2012 | 2012-03-31 | $315,716 | −$146,769 | −31.73% |
| Q4 2011 | 2011-12-31 | $318,177 | — | — |
| Q3 2011 | 2011-09-30 | $358,512 | — | — |
| Q2 2011 | 2011-06-30 | $498,550 | — | — |
| Q1 2011 | 2011-03-31 | $462,485 | — | — |
United States 12 Month Oil Fund, LP operating expenses trends
Over the last five fiscal years, United States 12 Month Oil Fund, LP's operating expenses increased from $575,506 to $1.6M, a change of $1.0M. The latest reported quarter, Q4 2025, shows $93,987.
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 Oil Fund, LP source filings ↗