United States Oil Fund (USO) Stock
What United States Oil Fund's price implies, from its SEC filings.
Key numbers
- P/E (trailing)
- 4.30x
- Revenue growth
- +899.6%
What United States Oil Fund's price implies
United States Oil Fund's free cash flow isn't comparable to its market value here, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.
Revenue and free cash flow
Fiscal years, from United States Oil Fund's 10-K filings.
United States Oil Fund revenue and free cash flow
FY2016–FY2025Results from SEC filings
All three statements · Quarters, TTM and 20+ years of statements in Investingly
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $1.6B | $801M | $374,000 | $232M | $320,800 |
| Net income | $1.6B | $785M | -$46M | $221M | -$65M |
| Free cash flow | — | — | — | — | — |
| EPS (diluted) | $24.54 | $22.26 | -$2.01 | $12.47 | -$4.81 |
| Operating margin | — | — | — | — | — |
Superinvestors who own USO
From each investor's latest 13F filing (what a 13F shows).
| Investor | Last quarter | Value | % of portfolio | Quarter |
|---|---|---|---|---|
| Adam Katz Irenic Capital Management | New position | $4M | 0.30% | Q2 2026 |
United States Oil Fund insider buying
Open-market purchases by executives and directors in the last 12 months, from SEC Form 4 filings (what insider buying tells you).
No open-market insider purchases of USO in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.
Fundamental grade
Five factors scored 1 to 9 from USO's latest numbers. It describes the business, not whether the stock is a buy.
Get an alert at your buy price
Free accounts get 3 price alerts.
How United States Oil Fund compares
United States Oil Fund's P/E is higher than 4% of the 2,508 companies with a P/E figure.
| Higher than | All stocks |
|---|---|
| P/E | 4% |
| Revenue growth | 99% |
| ROE | 98% |
Questions about United States Oil Fund
Are United States Oil Fund insiders buying the stock?
No open-market insider purchases of USO in the last 12 months, according to SEC Form 4 filings.
Which superinvestors own United States Oil Fund?
1 of the superinvestors Investingly tracks hold USO in their latest 13F, including Adam Katz.
Prices and ratios as of Nov 9, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.