---
schema_version: "secwatch.filing_event.v1"
accession: "0001171200-25-000128"
form_type: "8-K"
ticker: "USO"
cik: "0001327068"
company_name: "United States Oil Fund, LP"
filed_at: "2025-03-26T23:59:59+00:00"
generated_at: "2026-05-24T04:47:00.374822+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# USO reports 2024 net income of $221M vs $46M loss in 2023; NAV rises to $75.45

## Summary
- Net income $221.1M, reversed from $46.0M net loss in 2023; EPS $8.54 basic.
- NAV per share $75.45 at Dec 31, 2024, up 12.8% from $66.91 a year earlier.
- Shares outstanding fell to 14.4M from 23.4M, reflecting net redemptions of $700M.
- Realized gain on futures $121.1M vs $63.5M loss in 2023; dividend income $22.2M.
- Total assets $1.10B, down 31% from $1.59B due to redemptions.

## SEC filing metadata
- accession: 0001171200-25-000128
- form_type: 8-K
- ticker: USO
- cik: 0001327068
- company_name: United States Oil Fund, LP
- filed_at: 2025-03-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327068/000117120025000128/0001171200-25-000128-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327068/000117120025000128/i25121_uso-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171200-25-000128
- JSON: https://secwatch.observer/filing/0001171200-25-000128.json
- Plain text: https://secwatch.observer/filing/0001171200-25-000128.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.