United States Oil Fund, LP (USO) filed a Form 8-K on September 29, 2026, disclosing its financial results for the month ended August 31, 2026. The fund reported a net income of $84,018,427 for the month.
The income statement details the components of this profit. The primary contributor was a realized trading gain of $115,732,046 on commodity futures. This was partially offset by unrealized losses of $43,631,350 on the market value of those futures and $617,033 on swap contracts. Other income sources included dividend income of $2,712,782 and interest income of $2,825,955. Total expenses for the month amounted to $1,163,579, which included management fees, professional fees, and brokerage commissions.
In terms of share activity, the fund saw a net decrease in shares outstanding. During the month, 9,000,000 shares were added and 9,900,000 shares were withdrawn. The fund’s Net Asset Value (NAV) began the month at $1,847,331,898 and ended the month at $1,790,469,813. The NAV per share was reported at $133.38 based on 13,423,603 shares outstanding.
