other
confidence high
sentiment neutral
materiality 0.25
USO reports monthly net loss of $74.8M for September 2024
United States Oil Fund, LP
- Net loss of $74.8M for month ended Sept 30, 2024; realized trading loss on futures $88.8M.
- NAV fell to $1.343B from $1.384B; NAV per share $69.86 on 19.22M shares outstanding.
- Income includes $2.45M dividend, $2.85M interest; total expenses $904.6K.
- Additions of 8.7M shares ($606.3M) and withdrawals of 8.1M shares ($572.0M) during month.