secwatch.observer — SEC 8-K summary
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Issuer:     United States Oil Fund, LP (USO)
CIK:        0001327068
Form:       8-K
Filed at:   2024-05-28T23:59:59+00:00
Accession:  0001104659-24-065385
Event type: other
Sentiment:  neutral
Materiality: 0.15
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USO reports net loss of $5.9M for April 2024; NAV per share $78.72
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- Net loss of $5.9M on total income (loss) of -$5.0M and expenses $923K.
- NAV decreased from $1.42B to $1.33B; ending NAV per share $78.72 on 16.9M shares.
- Realized trading gain on futures $70.3M offset by unrealized loss of $78.9M.
- Dividend and interest income combined $5.4M; management fees $510K.
- Net creations/redemptions: 11.4M shares added, 12.5M shares withdrawn during month.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327068/000110465924065385/0001104659-24-065385-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327068/000110465924065385/tm2414449d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-065385

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