tiprankstipranks
Company Announcements

United States Oil Fund LP Reports January 2025 Earnings

Story Highlights

United States Oil Fund LP ( (USO) ) has provided an announcement.

On February 28, 2025, United States Oil Fund, LP released its monthly account statement for January 2025, showing a net income of $33,134,075. The statement highlighted a realized trading gain on commodity futures and swap contracts, despite some unrealized losses, and reported an end-of-month net asset value of $1,108,555,487.

More about United States Oil Fund LP

United States Oil Fund, LP operates in the commodity investment sector, focusing on providing investors with exposure to changes in crude oil prices. The company primarily deals with commodity futures contracts and swap agreements, aiming to reflect the performance of the spot price of West Texas Intermediate (WTI) light, sweet crude oil.

YTD Price Performance: -2.14%

Average Trading Volume: 2,675,250

Current Market Cap: $996.3M

Find detailed analytics on USO stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1