USO Stock Chart & Stats
Currently, no data available
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USO FAQ
What was N/A’s price range in the past 12 months?
Currently, no data Available
What is N/A’s market cap?
Currently, no data Available
When is N/A’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were N/A’s earnings last quarter?
Currently, no data Available
Is N/A overvalued?
According to Wall Street analysts N/A’s price is currently Undervalued.
Does N/A pay dividends?
N/A does not currently pay dividends.
What is N/A’s EPS estimate?
N/A’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does N/A have?
Currently, no data Available
What happened to N/A’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of N/A?
Currently, no hedge funds are holding shares in USO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
USO delivers its exposure to oil using near-term futures. USO gets exposure to oil using derivatives, like several oil ETPs. The fund predominately holds near-month-futures contracts on WTI, rolling into future contracts every month. This method is particularly sensitive to short-term changes in spot prices. USO held front month contracts until April 17, 2020, at which time following leeway in the prospectus, USO changed the exposure from holding specifically front-month contracts to holding predominantly front-month contracts, 30% next month and 15% contracts with further expiry. USO is structured as a commodities pool, so expect a K-1 at tax time. Long-term holders will be taxed on any gains even if they didn't sell shares.