NYSEARCA:USO

United States Oil Fund (USO) Price, Holdings, & News

$64.06

-0.09 (-0.14%)

(As of 06/5/2023 ET)

Compare

Today's Range: $64.02
▼
$65.41
50-Day Range: $60.31
▼
$72.43
52-Week Range: $57.83
▼
$92.20

Volume: 3.74 million shs
Average Volume: 3.66 million shs
Market Capitalization: $1.38 billion

Assets Under Management: $1.69 billion
Dividend Yield: 0.00%
Net Expense Ratio: 0.81%

Profile Chart Institutional Ownership Headlines Holdings Options Chain SEC Filings

About United States Oil Fund (NYSEARCA:USO)

United States Oil Fund, LP (USO) is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc. (the NYSE Arca). The investment objective of USO is for the daily changes in percentage terms of its shares' per share net asset value (NAV) to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the price of the futures contract for light, sweet crude oil traded on the New York Mercantile Exchange, that is the near month contract to expire, except when the near month contract is within over two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire, less USO's expenses. United States Commodity Funds LLC (USCF) is the general partner of USO and is responsible for the management of USO. USCF is a single member limited liability company. USCF is a subsidiary of Wainwright Holdings, Inc.

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USO ETF News Headlines

June 5, 2023 | marketbeat.com

OPEC Meeting: Is Saudi Arabia Trying to Squeeze the Oil Market?

In a surprising move, Saudi Arabia announces a significant oil production cut, causing tension within OPEC and raising questions about future oil prices.

June 5, 2023 | benzinga.com

No 'Super Spike' In Oil Price Expected, Analyst Says After OPEC+ Cut: 'Validation Of Weak Market Conditions'

June 6, 2023 | Behind the Markets (Ad)

"Unknown laser company making HUGE profit from Russia-Ukraine War"

On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>

June 2, 2023 | msn.com

Oil Trading Daily: Oil Rises Ahead of OPEC+ Meeting

June 1, 2023 | msn.com

Oil Trading Daily: Oil Jumps despite Weaker-than-Expected Demand

May 30, 2023 | msn.com

Oil Trading Daily: Oil Nears $70 Level in Early Trade

May 24, 2023 | msn.com

Oil Trading Daily: Oil Inches Closer to $75 Level

May 23, 2023 | msn.com

Saudi Energy Minister Warns Oil Short Sellers 'They Will Be Ouching' Ahead Of OPEC+ Meeting

June 6, 2023 | Behind the Markets (Ad)

"Unknown laser company making HUGE profit from Russia-Ukraine War"

May 22, 2023 | msn.com

Oil Trading Daily: Oil Nears $72 Mark in Early Trade

See More Headlines

USO Price History

30 days | 90 days | 365 days | Advanced Chart

Fund Details

Issuer: US Commodity Funds
Fund Name: United States Oil Fund LP
Tax Classification: Partnership
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:USO
Inception Date: 4/10/2006
Fund Manager: Ray W. Allen
Previous Symbol: NYSE:USO
Web: www.unitedstatesoilfund.com
Phone: +1-510-5229600

Fund Focus

Asset Class: Commodities
Benchmark: N/A
Category: Energy
Focus: Crude Oil
Development Level: Blended Development
Region: Global
Number of Holdings: 20

Fund Statistics

Assets Under Management: $1.69 billion
Average Daily Volume: $2.69 million
Discount/Premium: 0.42%

Administrator, Advisor and Custodian

Administrator: The Bank of New York Mellon Corporation
Advisor: United States Commodity Funds LLC
Custodian: The Bank of New York Mellon Corporation
Distributor: ALPS Distributors, Inc.
Transfer Agent: The Bank of New York Mellon Corporation
Trustee: N/A
Lead Market Maker: Virtu Financial

Options

Optionable: Optionable
Options Volume: 56,384
Put Options: 15,716
Call Options: 40,668

Miscellaneous

Outstanding Shares: 21,520,000
Beta: 0.93
Creation Unit: 100,000
Creation Fee: $1,000.00

United States Oil Fund Expenses

Type	USO	Crude Oil ETFs	Commodities ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.45%	0.78%	0.68%	0.50%	0.49%
Other Expenses	0.36%	0.26%	0.26%	0.65%	0.51%
Total Expense	0.81%	0.98%	0.79%	0.74%	0.66%
Fee Waiver	0.00%	-0.47%	-0.15%	-0.70%	-0.53%
Net Expense	0.81%	0.94%	0.71%	0.57%	0.55%

United States Oil Fund (USO) Holdings

Top 10 USO Holdings

Bny Cash Reserve
Holding Weight: 19.19%
Crude Oil Apr23
Holding Weight: 14.12%
Crude Oil May23
Holding Weight: 14.12%
Crude Oil July23
Holding Weight: 10.59%
Crude Oil June23
Holding Weight: 10.59%
Crude Oil Nov23
Holding Weight: 10.59%
Morgan Stanley Liq Govt I
Holding Weight: 10.19%
Recv Trs Macquarie Mqcp36
Holding Weight: 8.34%
Crude Oil Aug23
Holding Weight: 7.06%
Recv Trs Soc Gen Sgixcwti
Holding Weight: 6.10%

Full Holdings Details

Key Executives

Nicholas Daniel Gerber (Age 54)
Chairman of the Board, Vice President of General Partner

John P. Love (Age 45)
Management Director, President and Chief Executive Officer of General Partner

Stuart P. Crumbaugh (Age 53)
Chief Financial Officer, Treasurer, Secretary of General Partner

Andrew F. Ngim (Age 56)
Chief Operating Officer, Management Director and Portfolio Manager of General Partner

Carolyn M. Yu (Age 58)
Chief Compliance Officer, General Counsel of General Partner

Melinda D. Gerber (Age 49)
Management Director of General Partner

Robert Long Nguyen (Age 57)
Management Director of General Partner

Ray W. Allen (Age 60)
Portfolio Manager of General Partner

Gordon Lloyd Ellis (Age 70)
Independent Director of General Partner

Malcolm R. Fobes III (Age 52)
Independent Director of General Partner

Similar ETFs

Institutional Ownership

View All Institutional Transactions

USO ETF - Frequently Asked Questions

How have USO shares performed in 2023?: United States Oil Fund's stock was trading at $70.11 at the beginning of the year. Since then, USO shares have decreased by 8.6% and is now trading at $64.06.
View the best growth stocks for 2023 here.
What does USO invest in?: United States Oil Fund is a commodities fund issued by US Commodity Funds. USO focuses on crude oil investments. The fund's investments total to approximately $1.69 billion assets under management.
What is the management fee for United States Oil Fund?: United States Oil Fund's management fee is 0.45% and has other expenses of 0.36%. The net expense ratio for USO is 0.81%.
When did United States Oil Fund's stock split?: United States Oil Fund shares reverse split on the morning of Wednesday, April 29th 2020. The 1-8 reverse split was announced on Wednesday, April 22nd 2020. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, April 28th 2020. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.
What other stocks do shareholders of United States Oil Fund own?: Based on aggregate information from My MarketBeat watchlists, some companies that other United States Oil Fund investors own include Netflix (NFLX), Tesla (TSLA), NVIDIA (NVDA), Alibaba Group (BABA), Bank of America (BAC), SPDR Gold Shares (GLD), Boeing (BA), Intel (INTC), Micron Technology (MU) and SPDR S&P 500 ETF Trust (SPY).

What is United States Oil Fund's stock symbol?: United States Oil Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "USO."
Who are United States Oil Fund's major shareholders?: United States Oil Fund's stock is owned by many different retail and institutional investors. Top institutional investors include Susquehanna International Group LLP (0.00%), Jane Street Group LLC (0.00%), Barclays PLC (0.00%), Squarepoint Ops LLC (0.00%), Sumitomo Mitsui Financial Group Inc. (4.50%) and Bank of America Corp DE (0.00%).
View institutional ownership trends.
How do I buy shares of United States Oil Fund?: Shares of USO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is United States Oil Fund's stock price today?: One share of USO stock can currently be purchased for approximately $64.06.
How much money does United States Oil Fund make?: United States Oil Fund (NYSEARCA:USO) has a market capitalization of $1.38 billion.
How can I contact United States Oil Fund?: United States Oil Fund's mailing address is 1999 Harrison St Ste 1530, OAKLAND, CA 94612-4730, United States. The official website for the company is www.unitedstatesoilfund.com. The company can be reached via phone at +1-510-5229600.

This page (NYSEARCA:USO) was last updated on 6/6/2023 by MarketBeat.com Staff

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