📊 USO Key Takeaways
Is United States Oil Fund, LP (USO) a Good Investment?
USO is experiencing significant operational losses ($64.7M) with negative cash flow ($21.9M), indicating the fund is not generating returns for investors. While the balance sheet shows strong liquidity with $651.9M cash and minimal debt ($3.5M), persistent negative profitability and cash burn undermine fund viability. The dramatic -17619% YoY revenue decline and data quality inconsistencies raise concerns about operational transparency and performance.
Why Buy United States Oil Fund, LP Stock? USO Key Strengths
- Substantial cash reserves of $651.9M providing operational runway
- Minimal debt at $3.5M with strong balance sheet structure
- High liquidity position with 73% of assets in cash equivalents
USO Stock Risks: United States Oil Fund, LP Investment Risks
- Negative net income of $64.7M indicates fund losses and poor investment returns
- Negative operating cash flow of $21.9M signals cash burn despite cash reserves
- Massive -17619% YoY revenue decline suggests severe operational deterioration or structural issues
- Contradictory metrics (115% net margin with negative income; 38.9% FCF margin with negative FCF) indicate data quality problems
- As a commodity futures fund, negative performance suggests failure to track or outperform underlying oil index
Key Metrics to Watch
- Quarterly net income trajectory and operating cash flow recovery
- Fund assets under management (AUM) and investor redemption rates
- Data quality verification and reconciliation of contradictory metrics
- Performance versus WTI crude oil benchmark and fund expense ratio impact
United States Oil Fund, LP (USO) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 38.9% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
USO Profit Margin, ROE & Profitability Analysis
USO vs Market Sector: How United States Oil Fund, LP Compares
How United States Oil Fund, LP compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is United States Oil Fund, LP Stock Overvalued? USO Valuation Analysis 2026
Based on fundamental analysis, United States Oil Fund, LP has mixed fundamental signals relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
United States Oil Fund, LP Balance Sheet: USO Debt, Cash & Liquidity
USO Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: United States Oil Fund, LP's revenue has grown significantly by 24% over the 5-year period, indicating strong business expansion.
USO Revenue Growth, EPS Growth & YoY Performance
USO Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $69.0K | -$9.2M | N/A |
| Q2 2025 | $100.0K | $19.9M | N/A |
| Q1 2025 | $91.0K | $40.3M | N/A |
| Q3 2024 | $89.0K | $124.8M | N/A |
| Q2 2024 | $95.0K | $19.9M | N/A |
| Q1 2024 | $71.0K | -$69.7M | N/A |
| Q3 2023 | $64.0K | $250.5M | N/A |
| Q2 2023 | $47.0K | -$34.9M | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
United States Oil Fund, LP Dividends, Buybacks & Capital Allocation
USO SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for United States Oil Fund, LP (CIK: 0001327068)
📋 Recent SEC Filings
❓ Frequently Asked Questions about USO
What is the AI rating for USO?
United States Oil Fund, LP (USO) has an AI rating of SELL with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are USO's key strengths?
Claude: Substantial cash reserves of $651.9M providing operational runway. Minimal debt at $3.5M with strong balance sheet structure.
What are the risks of investing in USO?
Claude: Negative net income of $64.7M indicates fund losses and poor investment returns. Negative operating cash flow of $21.9M signals cash burn despite cash reserves.
What is USO's revenue and growth?
United States Oil Fund, LP reported revenue of $-56.2M.
Does USO pay dividends?
United States Oil Fund, LP does not currently pay dividends.
Where can I find USO SEC filings?
Official SEC filings for United States Oil Fund, LP (CIK: 0001327068) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is USO's EPS?
United States Oil Fund, LP has a diluted EPS of $0.00.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is USO a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, United States Oil Fund, LP has a SELL rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is USO stock overvalued or undervalued?
Valuation metrics for USO: ROE of N/A (sector avg: 15%), net margin of 115.0% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy USO stock in 2026?
Our dual AI analysis gives United States Oil Fund, LP a combined SELL rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is USO's free cash flow?
United States Oil Fund, LP's operating cash flow is $-21.9M, with capital expenditures of N/A. FCF margin is 38.9%.
How does USO compare to other Market stocks?
Vs Default sector averages: Net margin 115.0% (avg: 12%), ROE N/A (avg: 15%), current ratio N/A (avg: 1.8).