---
schema_version: "secwatch.filing_event.v1"
accession: "0002071876-26-000071"
form_type: "8-K"
ticker: "USO"
cik: "0001327068"
company_name: "United States Oil Fund, LP"
filed_at: "2026-03-27T23:59:59+00:00"
generated_at: "2026-05-15T08:33:52.447613+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# USO reports FY2025 net loss of $64.7M vs net income of $221.1M in 2024

## Summary
- Net loss per limited partner share of $6.35; weighted average share loss of $4.81.
- Total income (loss) from trading: ($56.2M) vs $231.9M in 2024.
- NAV per share fell to $69.10 from $75.45; shares outstanding down to 12.8M.
- Realized loss on futures contracts of $41.2M and on swaps of $18.4M.
- Auditor issued unqualified opinion; no critical audit matters identified.

## SEC filing metadata
- accession: 0002071876-26-000071
- form_type: 8-K
- ticker: USO
- cik: 0001327068
- company_name: United States Oil Fund, LP
- filed_at: 2026-03-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327068/000207187626000071/0002071876-26-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327068/000207187626000071/i26133_uso-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002071876-26-000071
- JSON: https://secwatch.observer/filing/0002071876-26-000071.json
- Plain text: https://secwatch.observer/filing/0002071876-26-000071.txt

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