United States 12 Month Oil (USL) Financial Statements (2024 and earlier)
Company Profile
Business Address |
1850 MT. DIABLO BLVD. WALNUT CREEK, CA 94596 |
State of Incorp. | |
Fiscal Year End | December 31 |
Industry (SIC) | 6221 - Commodity Contracts Brokers and Dealers (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 21,025 | 99,549 | 181,575 | 45,167 | 42,728 | 83,242 | |||
Cash and cash equivalents | 21,025 | 99,549 | 181,575 | 45,167 | 42,728 | 83,242 | |||
Restricted cash and investments | 69,049 | 30,014 | 977 | 6,440 | |||||
Prepaid expense | 8 | 9 | 1 | 1 | |||||
Total current assets: | 90,083 | 129,573 | 182,553 | 51,608 | 42,728 | 83,242 | |||
Noncurrent Assets | |||||||||
Other undisclosed assets | (2,860) | 19,653 | 36,945 | 3,622 | 8,230 | 16,080 | |||
TOTAL ASSETS: | 87,223 | 149,226 | 219,498 | 55,230 | 50,959 | 99,322 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Noncurrent Liabilities | |||||||||
Other undisclosed liabilities | 3,914 | 11,561 | 23,043 | 153 | 160 | 7,768 | |||
Total liabilities: | 3,914 | 11,561 | 23,043 | 153 | 160 | 7,768 | |||
Equity | |||||||||
Other undisclosed equity | 83,308 | 137,665 | 196,455 | 55,077 | 50,799 | 91,554 | |||
Total equity: | 83,308 | 137,665 | 196,455 | 55,077 | 50,799 | 91,554 | |||
TOTAL LIABILITIES AND EQUITY: | 87,223 | 149,226 | 219,498 | 55,230 | 50,959 | 99,322 |
Income Statement (P&L) ($ in thousands)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
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Revenues | 39,437 | 94,950 | 110,304 | 14,932 | (4,858) | 2,652 | ||
Net investment income | 1,513 | 62 | 411 | 1,218 | 1,386 | 878 | ||
Cost of revenue (Cost of Goods and Services Sold) | (16) | |||||||
Gross profit: | 39,437 | 94,950 | 110,304 | 14,932 | (4,858) | 2,636 | ||
Operating expenses | (916) | (1,389) | (1,584) | (498) | (650) | (930) | ||
Operating income (loss): | 38,521 | 93,561 | 108,719 | 14,434 | (5,508) | 1,706 | ||
Nonoperating expense (Investment Income, Nonoperating) | ||||||||
Income (loss) from continuing operations: | 38,521 | 93,561 | 108,719 | 14,434 | (5,508) | 1,706 | ||
Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | 93,561 | 108,719 | 14,434 | (5,508) | 1,706 | |
Net income (loss): | 38,521 | 93,561 | 108,719 | 14,434 | (5,508) | 1,706 | ||
Other undisclosed net income (loss) attributable to parent | (158) | (225) | 16 | |||||
Net income (loss) available to common stockholders, diluted: | 38,363 | 93,336 | 108,719 | 14,434 | (5,508) | 1,722 |
Comprehensive Income ($ in thousands)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
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Net income (loss): | 38,521 | 93,561 | 108,719 | 14,434 | (5,508) | 1,706 | ||
Comprehensive income (loss), net of tax, attributable to parent: | 38,521 | 93,561 | 108,719 | 14,434 | (5,508) | 1,706 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.