secwatch.observer — SEC 8-K summary
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Issuer:     United States Oil Fund, LP (USO)
CIK:        0001327068
Form:       8-K
Filed at:   2024-06-28T23:59:59+00:00
Accession:  0001104659-24-076080
Event type: other
Sentiment:  negative
Materiality: 0.20
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USO reports May 2024 monthly net loss of $65M; NAV per share $74.63
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- Net loss of $65,076,041 for the month ended May 31, 2024.
- Net asset value per share $74.63 on 16,923,603 shares outstanding.
- Realized trading loss on commodity futures of $59,359,210 and swap loss of $17,417,340.
- Unrealized gain on commodity futures of $7,058,030; interest and dividend income totaled $5,533,415.
- Total expenses of $924,058 included $507,873 management fees and $116,309 brokerage commissions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327068/000110465924076080/0001104659-24-076080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327068/000110465924076080/tm2417367d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-076080

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