{ "ok": true, "cik": "1327068", "ticker": "USO", "name": "United States Oil Fund, LP", "filings": [ { "form": "8-K", "filed": "2026-08-28", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1327068/000110465926102786/0001104659-26-102786-index.htm" }, { "form": "10-Q", "filed": "2026-08-07", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1327068/000110465926092623/0001104659-26-092623-index.htm" }, { "form": "8-K", "filed": "2026-07-29", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1327068/000110465926087855/0001104659-26-087855-index.htm" }, { "form": "8-K", "filed": "2026-06-29", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1327068/000110465926078516/0001104659-26-078516-index.htm" }, { "form": "8-K", "filed": "2026-05-28", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1327068/000110465926067258/0001104659-26-067258-index.htm" }, { "form": "10-Q", "filed": "2026-05-08", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1327068/000110465926057764/0001104659-26-057764-index.htm" } ], "events12m": 14, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001327068.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1327068" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up United States Oil Fund, LP ($USO). Last filing: 8-K (7.01 Regulation FD Disclosure), 2026-08-28. 14 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": -56201422, "revenueGrowth1y": -1.2423349769236967, "revenueGrowthPerYear": null, "yearsOfData": 5, "operatingMargin": null, "operatingMarginPrior": null, "netMargin": 1.1504605168175281, "operatingCashFlow": -21869115, "capitalSpending": null, "freeCashFlow": null, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 651873522, "longTermDebt": null, "longTermDebtChange": null, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 1626227665 }, { "fiscalYearEnd": "2022-12-31", "revenue": 800711874 }, { "fiscalYearEnd": "2023-12-31", "revenue": -34899677 }, { "fiscalYearEnd": "2024-12-31", "revenue": 231916262 }, { "fiscalYearEnd": "2025-12-31", "revenue": -56201422 } ], "totalEquity": null, "totalAssets": 889618360, "equityRatio": null, "returnOnEquity": null, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "range80": { "low": 9995402.645701176, "high": 17947869.74588501, "baseline": 13619570.303448938, "n": 749, "band": "b00" }, "ifPaceHeld": { "low": 9995402.645701176, "high": 17947869.74588501 } }, "edgarette": "🔖 Exposure: revenue -$56.2M (FY2025). Experience: revenue down 124.2% on the year. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $10.0M and $17.9M next year (method v3, set from 749 SEC company-years; on a year the method never saw, 83% landed inside). A range, not a forecast. Against peers (38 filers, $50M+ revenue, its industry group): growth -124.2% against 10.1%.", "peers": { "sic": 6221, "sicDescription": "Commodity Contracts Brokers & Dealers", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "62", "growth": [ 0.1009, 69 ], "opMargin": [ 0.218, 38 ], "equityRatio": [ 0.2112, 55 ], "returnOnEquity": [ 0.1456, 49 ], "payoutRatio": [ 0.4105, 39 ] }, "summary": "United States Oil Fund (USO) saw revenue fall 124% in FY2025 to $-56 million. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
United States Oil Fund, LP against its own record and its peers
Revenue, on the yearPeer median 10.1%-124.2%No peer group large enough for a median
", "chartHorizon": null, "backtest": { "tests": 1, "hits": 0, "rate": 0, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T13:12:46.390Z", "hash": "307cebd584425585", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "United States Oil Fund (USO) saw revenue fall 124% in FY2025 to $-56 million. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": -56201422, "totalDebt": null, "cash": 651873522 }, "experience": { "revenueGrowth1y": -1.2423349769236967, "revenueGrowthPerYear": null, "operatingMargin": null, "operatingMarginPrior": null, "netMargin": 1.1504605168175281, "freeCashFlow": null }, "soundness": { "equityRatio": null, "returnOnEquity": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 6221, "sicDescription": "Commodity Contracts Brokers & Dealers", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "62", "growth": [ 0.1009, 69 ], "opMargin": [ 0.218, 38 ], "equityRatio": [ 0.2112, 55 ], "returnOnEquity": [ 0.1456, 49 ], "payoutRatio": [ 0.4105, 39 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "range": { "low": 9995402.645701176, "high": 17947869.74588501, "baseline": 13619570.303448938, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 749, "sizeBand": "b00" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 1, "hits": 0, "rate": 0, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T13:12:46.390Z", "hash": "307cebd584425585", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001327068.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1327068" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }