Bullish indicating open at $55-$60, IPO prices at $37
The United States Oil Fund, LP (NYSE Arca:NYSE:USO), currently trading at $68.36 with a market capitalization of $1.08 billion, disclosed its monthly account statement for April 2025 today, detailing financial performance and changes in net asset value. The commodity exchange-traded fund (ETF), which tracks the price of oil and has recorded a -10.95% year-to-date return, is required to issue these statements under Rule 4.22 of the Commodity Exchange Act.
According to the statement, which is also available on the fund’s website, the report includes a Statement of Income (Loss) and a Statement of Changes in Net Asset Value for the month ended April 30, 2025. InvestingPro analysis shows the fund maintains strong financial health with a current ratio of 474.06, indicating robust liquidity. The United States Oil Fund operates as a limited partnership and is incorporated in the state of Delaware.
The information contained in the monthly account statement and this Form 8-K is not considered "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference in any filing under the Securities Act of 1933, unless explicitly stated in such a filing. Want deeper insights? InvestingPro subscribers have access to exclusive financial metrics and additional analysis tools to make informed investment decisions.
The United States Oil Fund’s administrative office is located at 1850 Mt. Diablo Boulevard, Suite 640, Walnut Creek, California, and it can be contacted via phone at 510-522-9600. The fund’s ETF shares are traded on the NYSE Arca under the ticker symbol USO.
The Form 8-K was signed by Stuart P. Crumbaugh, Chief Financial Officer of United States Commodity Funds LLC, which is the general partner of the United States Oil Fund, LP. The report is based on a press release statement and provides a regular update to investors about the fund’s financial status.
In other recent news, the United States Oil Fund, LP has disclosed its audited financial statements for the year ending December 31, 2024, and the previous year, as part of its regulatory obligations. These statements, made available through an 8-K filing with the Securities and Exchange Commission, offer a detailed view of the fund’s financial condition. Additionally, the fund has released its annual financial statements for the same period, providing further insights into its performance and financial position over the past year. These releases are part of the fund’s commitment to transparency and regulatory compliance, allowing investors to assess its financial health.
Moreover, the United States Oil Fund has issued its monthly account statements for February and March 2025, which include a Statement of Income (Loss) and a Statement of Changes in Net Asset Value. These monthly disclosures are accessible on the fund’s website and are crucial for investors monitoring the fund’s financial performance. In another development, the United States Oil Fund announced the upcoming resignation of Robert L. Nguyen, a Management Director, effective May 31, 2025. The board has decided not to fill the vacancy, opting instead to reduce the number of Management Directors from four to three. These recent developments underscore the fund’s ongoing efforts to maintain transparency and provide investors with up-to-date financial and management information.
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