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NYSEARCA:USO

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

$79.26
+0.35 (+0.44%)
(As of 09:34 AM ET)
Today's Range
$79.08
$79.32
50-Day Range
$71.52
$82.40
52-Week Range
$59.78
$83.41
Volume
327,541 shs
Average Volume
4.63 million shs
Market Capitalization
$1.22 billion
Assets Under Management
$1.36 billion
Dividend Yield
0.00%
Net Expense Ratio
0.81%
USO stock logo

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.

USO Stock Price History

USO ETF News Headlines

Kinder Morgan Stock Bid Up In An Oil Breakout
The price of oil has become top-of-mind for many investors. Wall Street is now watching global developments that could, unfortunately, escalate into full-on conflicts that historically bring with them higher oil prices.
Bitcoin Rockets To Record High But Buy THIS Instead
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
Bitcoin Rockets To Record High But Buy THIS Instead
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
See More Headlines
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Fund Details

Issuer
US Commodity Funds
Fund Name
United States Oil Fund LP
Tax Classification
Partnership
Current Symbol
NYSEARCA:USO
Inception Date
4/10/2006
Fund Manager
Ray W. Allen

Fund Focus

Asset Class
Commodities
Benchmark
N/A
Category
Energy
Focus
Crude Oil
Development Level
Blended Development
Region
Global
Number of Holdings
12

Fund Statistics

Assets Under Management
$1.40 billion
Average Daily Volume
$4.48 million
Discount/Premium
-0.06%

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
41,948
Put Options
9,070
Call Options
32,878

Miscellaneous

Beta
0.19
Creation Unit
100,000
Creation Fee
$1,000.00
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United States Oil Fund Expenses

TypeUSOCrude Oil ETFsCommodities ETFsNYSEARCA ETFsAll ETFs
Management Fee0.45%0.78%0.66%0.50%0.51%
Other Expenses0.36%0.26%0.27%0.64%0.58%
Total Expense0.81%0.98%0.77%0.74%0.70%
Fee Waiver0.00%-0.47%-0.18%-0.68%-0.57%
Net Expense0.81%0.95%0.70%0.58%0.58%

United States Oil Fund (USO) Holdings

Top 9 USO Holdings

  • Crude Oil May24
    Holding Weight: 34.14%
  • Bny Cash Reserve
    Holding Weight: 28.26%
  • Morgan Stanley Liq Govt Inst 8302
    Holding Weight: 15.10%
  • Cash
    Holding Weight: 13.62%
  • Trs Macquarie Mqcp361e 01192024
    Holding Weight: 8.62%
  • Crude Oil Apr24
    Holding Weight: 8.52%
  • Trs Soc Gen Sgixcwti 12292023
    Holding Weight: 6.31%
  • Trs Soc Gen Sgixcwti 12292023
    Holding Weight: -6.16%
  • Trs Macquarie Mqcp361e 01192024
    Holding Weight: -8.41%

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

USO ETF - Frequently Asked Questions

How have USO shares performed in 2024?

United States Oil Fund's stock was trading at $66.65 at the beginning of 2024. Since then, USO shares have increased by 18.9% and is now trading at $79.26.
View the best growth stocks for 2024 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 $1.36 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?

Shares of United States Oil Fund 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).

Who are United States Oil Fund's major shareholders?

United States Oil Fund's stock is owned by a number of retail and institutional investors. Top institutional shareholders include IMC Chicago LLC (0.00%), International Assets Investment Management LLC (0.03%), Brookstone Capital Management (0.01%), Opal Wealth Advisors LLC (0.01%) and St. Johns Investment Management Company LLC (0.01%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:USO) was last updated on 4/18/2024 by MarketBeat.com Staff

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