For the quarter ending 2026-03-31, USL had $13,629,965 increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Change in unrealized (gain) loss on open commodity futures contracts | 14,961,597 | -1,437,754 | 834,475 | -1,950,440 |
| Net income (loss) | 16,863,338 | -2,499,311 | 373,725 | -3,639,200 |
| (increase) decrease in dividends receivable | 24,982 | -23,052 | 32,787 | 50 |
| (increase) decrease in interest receivable | 26,233 | -1,557 | -33,776 | -42,693 |
| (increase) decrease in prepaid insurance | 4,044 | -6,695 | -72 | 9,127 |
| (increase) decrease in etf transaction fees receivable | - | 0 | - | - |
| Increase (decrease) in payable due to broker | 5,603,820 | - | - | - |
| Increase (decrease) in general partner management fees payable | 9,519 | -1,483 | 343 | -5,416 |
| Increase (decrease) in professional fees payable | -60,493 | -34,303 | - | - |
| (increase) decrease in prepaid other | - | - | - | 0 |
| Increase (decrease) in professional fees payable | - | - | 19,805 | -74,546 |
| Increase (decrease) in brokerage commissions payable | - | -12,602 | - | - |
| Increase (decrease) in directors' fees payable | -254 | -231 | -67 | 46 |
| (increase) decrease in prepaid license fees | - | 0 | - | - |
| Increase (decrease) in license fees payable | 1,711 | 1,483 | 1,632 | 3,312 |
| Net cash provided by (used in) operating activities | 7,400,785 | -1,022,648 | -437,976 | -1,731,848 |
| Addition of partnership shares | 12,463,063 | 0 | 0 | 3,843,327 |
| Redemption of partnership shares | 6,233,883 | 1,682,727 | 1,776,567 | 7,391,791 |
| Net cash provided by (used in) financing activities | 6,229,180 | -1,682,727 | -1,776,567 | -3,548,464 |
| Net increase (decrease) in cash and cash equivalents | 13,629,965 | - | - | - |
| Net increase (decrease) in cash and cash equivalents | 13,629,965 | -2,705,375 | -2,214,543 | -5,280,312 |
| Total cash, cash equivalents and equity in trading accounts, beginning of period | 39,725,438 | 42,430,813 | 49,925,668 | - |
| Total cash, cash equivalents and equity in trading accounts, end of period | 53,355,403 | 39,725,438 | 42,430,813 | - |
United States 12 Month Oil Fund, LP (USL)
United States 12 Month Oil Fund, LP (USL)