USCF GP audited financials: member equity $5.3M at Dec 2024, down 15%; UNL fee waiver terminated May 2024

United States 12 Month Natural Gas Fund, LP

Cash and equivalents $2.27M (2023: $2.63M); investments $2.33M (2023: $3.79M).
Total assets $7.13M (2023: $8.69M); member's equity $5.28M (2023: $6.22M).
UNL management fee reduced from 0.75% to 0.60% effective May 1, 2024; expense waiver terminated.
Income taxes payable $0.63M (2023: $1.28M); operating lease extended through March 2028.
Optimum Strategies Action (April 2022) pending against USO and USCF; outcome uncertain.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.