Filing Flows › United States 12 Month Oil Fund, LP (USL) › Q4 2024
United States 12 Month Oil Fund, LP (USL) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 28, 2025
United States 12 Month Oil Fund, LP (USL) reported revenue of $3.1M for the fourth quarter 2024 (Q4 2024). Operating margin was 95.2%, net earnings $2.9M (95.2% of revenue).
United States 12 Month Oil Fund, LP, Q4 2024: revenue $3.1M, operating margin 95.2%, net earnings $2.9M, operating cash flow −$360K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.1M | — | — |
| Operating profit | $2.9M | — | — |
| Net earnings | $2.9M | — | — |
| Operating cash flow | −$360K | — | — |
What changed
Revenue was $3.1M in Q4 2024.
Operating profit was $2.9M, a 95.2% margin. Net earnings were $2.9M. The effective tax rate was 0.0%.
Operating cash flow was −$360K. Working capital and other items used $3.3M.
Questions
What was United States 12 Month Oil Fund, LP's revenue in the fourth quarter 2024?
United States 12 Month Oil Fund, LP (USL) reported revenue of $3.1M for the fourth quarter 2024 (Q4 2024).
Was United States 12 Month Oil Fund, LP profitable in the fourth quarter 2024?
Operating profit was $2.9M (95.2% of revenue) and net earnings $2.9M.
Source: United States 12 Month Oil Fund, LP 10-K on SEC EDGAR.