secwatch.observer — SEC 8-K summary
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Issuer:     United States Oil Fund, LP (USO)
CIK:        0001327068
Form:       8-K
Filed at:   2024-09-30T23:59:59+00:00
Accession:  0001104659-24-104048
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USO reports net loss of $28M for August 2024; NAV per share $74.29
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- Net loss of $28,023,407 for month ended Aug 31, 2024; total income loss of $27.1M.
- Realized trading loss on commodity futures of $32.5M; unrealized gain of $13.0M.
- Net asset value per share $74.29 on 18.6M shares; total NAV $1.38B.
- Additions of 12.2M shares ($915M) and withdrawals of 9.8M shares ($757M) during month.
- Expenses of $903,936 including management fees ($469K) and brokerage ($134K).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327068/000110465924104048/0001104659-24-104048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327068/000110465924104048/tm2424136d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-104048

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