other
confidence high
sentiment neutral
materiality 0.25
USO reports net income of $77.4M for June 2023; NAV per share $63.64
United States Oil Fund, LP
- Net income $77.4M on total income $78.3M; expenses $913.7K.
- Unrealized gain on commodity futures $92.4M offset realized loss of $30.8M.
- Dividend income $1.8M, interest income $4.4M.
- NAV fell to $1.580B from $1.627B; net redemptions of 1.9M shares.
- Shares outstanding 24.82M; NAV per share $63.64 at month end.