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
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
8-K
Regulation FD Disclosure
30 Jan 24
8-K
Regulation FD Disclosure
28 Dec 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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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 |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
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) | 1.38 bn | 1.38 bn | 1.38 bn | 1.38 bn | 1.38 bn | 1.38 bn |
Cash burn (monthly) | 49.82 mm | 68.15 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 361.88 mm | 495.03 mm | n/a | n/a | n/a | n/a |
Cash remaining | 1.02 bn | 889.50 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 20.5 | 13.1 | 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 |
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