secwatch.observer — SEC 8-K summary
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Issuer:     United States Oil Fund, LP (USO)
CIK:        0001327068
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001104659-24-028527
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USO reports Jan 2024 monthly NAV per share of $70.95, net income $81.7M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327068/000110465924028527/0001104659-24-028527-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327068/000110465924028527/tm246181d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-028527

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