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NYSEARCA:USO

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

$81.31
+0.04 (+0.05%)
(As of 07/5/2024 ET)
Today's Range
$81.23
$82.60
50-Day Range
$71.09
$81.54
52-Week Range
$63.12
$83.41
Volume
1.98 million shs
Average Volume
3.85 million shs
Market Capitalization
$1.41 billion
Assets Under Management
$1.23 billion
Dividend Yield
0.00%
Net Expense Ratio
0.70%
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

oil pump, industrial oil drilling equipment
Oil Prices, Inflation, and Fed Policies: Stock Market Risks
Oil prices NYSEARCA: USO are near the low end of a multi-year trading range, aiding the broad market rally in stocks. Oil prices are a fundamental driver of inflation that compounds within the economy, and the inflation outlook is driving the market.
oil pump, industrial oil drilling equipment
Oil Prices, Inflation, and Fed Policies: Stock Market Risks (USO)
Oil prices are down from their lows but rising, showing support at a critical level, and will help sustain hot inflation in the 2nd half.
The asset beating inflation by 4x
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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
Developed Markets
Region
North America
Number of Holdings
14

Fund Statistics

Assets Under Management
$1.23 billion
Average Daily Volume
$1.87 million
Discount/Premium
0.04%

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
40,045
Put Options
20,227
Call Options
19,818

Miscellaneous

Beta
0.10
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%0.80%0.70%0.51%0.51%
Other Expenses0.25%0.25%0.36%0.59%0.54%
Total Expense0.70%0.98%0.87%0.74%0.71%
Fee Waiver0.00%-0.47%-0.73%-0.69%-0.59%
Net Expense0.70%0.95%0.67%0.58%0.59%

United States Oil Fund (USO) Holdings

Top 9 USO Holdings

  • Crude Oil Future Aug 24
    Holding Weight: 39.27%
  • Bny Cash Reserve
    Holding Weight: 28.72%
  • Morgan Stanley Liq Govt Inst 8302
    Holding Weight: 15.55%
  • Cash
    Holding Weight: 11.85%
  • Trs Macquarie Mqcp361e 01192024
    Holding Weight: 8.79%
  • Trs Soc Gen Sgixcwti 12292023
    Holding Weight: 6.43%
  • Crude Oil Future Sept 24
    Holding Weight: 4.38%
  • Trs Soc Gen Sgixcwti 12292023
    Holding Weight: -6.33%
  • Trs Macquarie Mqcp361e 01192024
    Holding Weight: -8.65%

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 this year?

United States Oil Fund's stock was trading at $66.65 on January 1st, 2024. Since then, USO shares have increased by 22.0% and is now trading at $81.31.
View the best growth stocks for 2024 here
.

When did United States Oil Fund's stock split?

Shares of United States Oil Fund reverse split before market open on 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 closing bell 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.

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.

What other stocks do shareholders of United States Oil Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that United States Oil Fund investors own include Netflix (NFLX), Tesla (TSLA), NVIDIA (NVDA), Alibaba Group (BABA), Bank of America (BAC), SPDR Gold Shares (GLD) and Boeing (BA).

This page (NYSEARCA:USO) was last updated on 7/7/2024 by MarketBeat.com Staff

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