The CEA governs the regulation of commodity interest transactions, markets and intermediaries. The CEA provides for varying degrees of regulation of commodity interest transactions depending upon: (1) the type of instrument being traded (e.g., contracts for future delivery, forwards, options, swaps or spot contracts), (2) the type of commodity underlying the instrument (distinctions are made between instruments based on agricultural commodities, energy and metals commodities and financial commodities), (3) the nature of the parties to the transaction (e.g., retail or eligible contract participant), (4) whether the transaction is entered into on a principal-to-principal or intermediated basis, (5) the type of market on which the transaction occurs, and (6) whether the transaction is subject to clearing through a clearing organization. The offer and sale of shares of USO, as well as shares of each Related Public Fund, is registered under the Securities Act. USO and the Related Public Funds are subject to the requirements of the Securities Act, the Exchange Act and the rules and regulations adopted thereunder as administered by the SEC. Firms' participation in the distribution of shares is regulated as described above, as well as by the self-regulatory association, FINRA.
Company profile
Ticker
USO
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
New York Oil ETF, LP
SEC CIK
IRS number
202830691
USO stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
28 May 24
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
Regulation FD Disclosure
26 Apr 24
424B3
Prospectus supplement
26 Apr 24
424I
Prospectus supplement
29 Mar 24
8-K
Regulation FD Disclosure
28 Mar 24
8-K
General Partner of the United States Oil Fund, LP
27 Mar 24
8-K
To the Members of the Audit Committee of the Board of Directors of United States Commodity Funds LLC
21 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Regulation FD Disclosure
28 Feb 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.27 bn | 1.27 bn | 1.27 bn | 1.27 bn | 1.27 bn | 1.27 bn |
Cash burn (monthly) | 64.99 mm | 31.39 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 134.53 mm | 64.98 mm | n/a | n/a | n/a | n/a |
Cash remaining | 1.13 bn | 1.20 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 17.5 | 38.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
0.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 16 |
Opened positions | 5 |
Closed positions | 32 |
Increased positions | 1 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 1.90 bn |
Total shares | 33.68 k |
Total puts | 62.80 k |
Total calls | 146.30 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Arkadios Wealth Advisors | 21.51 k | $1.43 bn |
SG Americas Securities | 3.55 k | $236.00 k |
Quent Capital | 1.92 k | $127.70 mm |
FNY Investment Advisers | 1.50 k | $99.00 k |
GoalVest Advisory | 1.44 k | $96.18 mm |
Arlington Trust | 1.36 k | $90.38 mm |
Versant Capital Management | 600.00 | $39.99 mm |
IFP Advisors | 565.00 | $37.66 mm |
Westside Investment Management | 537.00 | $35.79 mm |
Creative Financial Designs | 315.00 | $21.00 mm |
News
President Biden Says Palestinians Have Endured Sheer Hell, Too Many Civilians Killed; "It's Time For The War To End"
31 May 24
President Biden Says U.s. Will Always Ensure That Israel Has What It Needs To Defend Itself; Egypt And Qatar Are Working To Ensure That Hamas Would Not Resume Military Operations Against Israel; Hamas Needs To Take This Deal; Of Course There Will Be Differences That Need To Be Worked Out
31 May 24
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31 May 24
Biden Says I Know Some In Israel Will Not Agree With This Plan, Including Some In Government; I Urge Israeli Leadership To Back This Deal Despite Any Pressure; I Ask Israelis To Take A Step Back And Think What Happens If This Moment Is Lost; Risk Of Further Isolation For Israel In The World
31 May 24
President Biden Says If Negotiations Take More Than 6-Weeks, Ceasefire Will Continue As Long As Talks Continue; Phase Two Will Be An Exchange For The Release Of All Remaining Living Hostages And Israeli Forces Will Withdraw; In Phase Three, There Will Be A Major Reconstruction Plan For Gaza; That Offer Is Now On Table And What We Need
31 May 24