United States 12 Month Oil Fund Files 2024 10-K
Ticker: USL · Form: 10-K · Filed: Feb 28, 2025 · CIK: 1405528
Sentiment: neutral
Topics: oil-fund, 10-k, commodity-futures
TL;DR
US 12 Month Oil Fund filed its 2024 10-K. Oil futures and marketing agreements detailed.
AI Summary
United States 12 Month Oil Fund, LP filed its 10-K for the fiscal year ending December 31, 2024. The filing details the fund's operations, including its commodity contracts and marketing agreements. The fund was established on December 6, 2007, and its principal business address is in Walnut Creek, CA.
Why It Matters
This filing provides investors with a comprehensive overview of the United States 12 Month Oil Fund's financial performance and operational details for the past fiscal year, crucial for understanding its investment strategy and risks.
Risk Assessment
Risk Level: medium — The fund's exposure to commodity futures contracts inherently carries significant market risk.
Key Numbers
- 2024-12-31 — Fiscal Year End (The period covered by the 10-K filing.)
- 2025-02-28 — Filing Date (The date the 10-K was submitted to the SEC.)
- 2007-12-06 — Fund Inception Date (Indicates the fund's operational history.)
Key Players & Entities
- United States 12 Month Oil Fund, LP (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-02-28 (date) — Filing date
- Walnut Creek, CA (location) — Business and mailing address
- 2007-12-06 (date) — Establishment date of the fund
FAQ
What is the primary investment focus of the United States 12 Month Oil Fund, LP?
The fund's primary investment focus is on commodity contracts, specifically futures contracts related to oil, as indicated by its name and the inclusion of 'us-gaap:CommodityContractMember' and 'us-gaap:FutureMember'.
When was the United States 12 Month Oil Fund, LP established?
The fund was established on December 6, 2007, as indicated by the filing dates '2007-12-06'.
What is the business address of the United States 12 Month Oil Fund, LP?
The business address is 1850 Mt. Diablo Blvd., Suite 640, Walnut Creek, CA 94596.
Does the filing mention any specific marketing agreements?
Yes, the filing references 'usl:MarketingAgreementMember' with dates such as '2022-10-01', indicating the presence and activity of marketing agreements.
What is the SEC file number for this filing?
The SEC file number for this 10-K filing is 001-33859.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 28, 2025 regarding United States 12 Month Oil Fund, LP (USL).