other material
confidence high
sentiment neutral
materiality 0.35
USO reports Jan 2024 monthly NAV per share of $70.95, net income $81.7M
United States Oil Fund, LP
- Net income of $81.7M; total income of $82.7M, driven by $61.5M in gains on commodity futures and swaps.
- NAV per share $70.95 as of Jan 31, 2024, on 18.8M shares outstanding.
- Net share redemptions of 4.6M shares; beginning NAV $1.567B, ending NAV $1.335B.
- General partner management fees $555,211; total expenses $1.02M.