secwatch.observer — SEC 8-K summary
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Issuer:     United States Oil Fund, LP (USO)
CIK:        0001327068
Form:       8-K
Filed at:   2023-05-26T23:59:59+00:00
Accession:  0001104659-23-065053
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USO reports April 2023 net income of $37.6M; NAV per share $67.52
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- Net income of $37.6M from $38.5M total income minus $0.9M expenses.
- NAV per share $67.52 on 22.7M shares; total NAV $1.53B down from $1.63B start.
- Realized trading gain on commodity futures of $29.6M drove income.
- Share additions of 4.5M shares ($308.7M) and withdrawals of 6.3M shares ($442.3M).
- Dividend income $0.8M, interest income $4.7M; management fees $0.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327068/000110465923065053/0001104659-23-065053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327068/000110465923065053/tm2315506d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-065053

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer