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NYSEARCA:USO

United States Oil Fund Stock Forecast, Price & News

$31.56
+0.31 (+0.99 %)
(As of 12/4/2020 12:00 AM ET)
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Today's Range
$31.28
Now: $31.56▼
$31.74
50-Day Range
$25.25
MA: $28.51▼
$31.37
52-Week Range
$16.88
Now: $31.56▼
$106.56
Volume6.90 million shs
Average Volume9.49 million shs
Market Capitalization$4.15 billion
P/E RatioN/A
Dividend Yield0.00%
BetaN/A
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.

Currency Exposure of USO


Basic Details

Issuer US Commodity Funds
Fund NameUnited States Oil Fund LP
Tax ClassificationPartnership
SymbolNYSEARCA:USO
Inception Date4/10/2006
Fund ManagerRay W. Allen
Webwww.unitedstatesoilfund.com
Phone+1-510-5229600

Fund Focus

Asset ClassCommodities
Benchmark
CategoryEnergy
FocusCrude Oil
Development LevelBlended Development
RegionGlobal

Fund Statistics

Assets Under Management$4.12 billion
Average Daily Volume$5.07 million
Discount/Premium0.01%

ETF Expenses

Management Fee0.45%
Other Expenses-0.66%
Total Expenses-0.21%
Fee Waiver0.00%
Net Expenses-0.21%

Administrator, Advisor and Custodian

AdministratorThe Bank of New York Mellon Corporation
AdvisorUnited States Commodity Funds LLC
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market Maker
$31.56
+0.31 (+0.99 %)
(As of 12/4/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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United States Oil Fund (NYSEARCA:USO) Frequently Asked Questions

How has United States Oil Fund's stock been impacted by COVID-19?

United States Oil Fund's stock was trading at $6.94 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, USO shares have increased by 354.8% and is now trading at $31.56.
View which stocks have been most impacted by COVID-19.

What stocks does MarketBeat like better than United States Oil Fund?

Wall Street analysts have given United States Oil Fund a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but United States Oil Fund wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When did United States Oil Fund's stock split? How did United States Oil Fund's stock split work?

United States Oil Fund's stock 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 United States Oil Fund 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), The Boeing (BA), Intel (INTC), Micron Technology (MU) and SPDR S&P 500 ETF Trust (SPY).

Who are United States Oil Fund's key executives?

United States Oil Fund's management team includes the following people:
  • Nicholas Daniel Gerber, Chairman of the Board, Vice President of General Partner (Age 54)
  • John P. Love, Management Director, President and Chief Executive Officer of General Partner (Age 45)
  • Stuart P. Crumbaugh, Chief Financial Officer, Treasurer, Secretary of General Partner (Age 53)
  • Andrew F. Ngim, Chief Operating Officer, Management Director and Portfolio Manager of General Partner (Age 56)
  • Carolyn M. Yu, Chief Compliance Officer, General Counsel of General Partner (Age 58)
  • Melinda D. Gerber, Management Director of General Partner (Age 49)
  • Robert Long Nguyen, Management Director of General Partner (Age 57)
  • Ray W. Allen, Portfolio Manager of General Partner (Age 60)
  • Gordon Lloyd Ellis, Independent Director of General Partner (Age 70)
  • Malcolm R. Fobes III, Independent Director of General Partner (Age 52)

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 a variety of retail and institutional investors. Top institutional shareholders include Morgan Stanley (1.36%), Harvest Fund Management Co. Ltd (0.86%), Sumitomo Mitsui Financial Group Inc. (0.81%), SG Americas Securities LLC (0.30%), LPL Financial LLC (0.26%) and Alberta Investment Management Corp (0.17%).
View institutional ownership trends for United States Oil Fund.

Which major investors are selling United States Oil Fund stock?

USO stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, LPL Financial LLC, SG Americas Securities LLC, Harvest Fund Management Co. Ltd, Prospera Financial Services Inc, Fortem Financial Group LLC, Cambridge Investment Research Advisors Inc., and Cetera Investment Advisers.
View insider buying and selling activity for United States Oil Fund.

Which major investors are buying United States Oil Fund stock?

USO stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Sumitomo Mitsui Financial Group Inc., Alberta Investment Management Corp, OLD Mission Capital LLC, Eudaimonia Partners LLC, Eudaimonia Partners LLC, Avantax Advisory Services Inc., and Merit Financial Group LLC.
View insider buying and selling activity for United States Oil Fund.

How do I buy shares of United States Oil Fund?

Shares of USO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is United States Oil Fund's stock price today?

One share of USO stock can currently be purchased for approximately $31.56.

How big of a company is United States Oil Fund?

United States Oil Fund has a market capitalization of $4.15 billion.

What is United States Oil Fund's official website?

The official website for United States Oil Fund is www.unitedstatesoilfund.com.

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 company can be reached via phone at +1-510-5229600.

This page was last updated on 12/5/2020 by MarketBeat.com Staff
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