other material
confidence high
sentiment neutral
materiality 0.20
USCF audited financials for FY2023 show $8.7M assets, $6.2M equity
United States Oil Fund, LP
- Total assets $8.7M at Dec 31, 2023 vs $13.3M prior year; member's equity $6.2M vs $10.4M.
- Cash decreased to $2.6M from $8.2M; investments increased to $3.8M from $2.5M.
- Management fees receivable $1.4M, led by USO (40%) and UNG (35%).
- Optimum Strategies lawsuit dismissed in March 2023; no new material legal proceedings.