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United States Oil Fund LP V.USO.RT


Primary Symbol: USO

The investment seeks the daily changes in percentage terms of its shares per share NAV to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the price of a specified short-term futures contract on light, sweet crude oil called the Benchmark Oil Futures Contract, plus interest earned on USOs collateral holdings, less USOs expenses. USO invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.


ARCA:USO - Post by User

United States Oil Fund LP > Stock price vs Investors
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Comment by stockman41on Feb 15, 2017 6:42pm
195 Views
Post# 25851945

RE:RE:Stock price vs Investors

RE:RE:Stock price vs Investorsthey said in their news reports last year that they spent between ( labour and equipment ) $62,400,000 approx. now they have 34,255,756 shares outstanding in the company. 62,400,000/34,255,756 shares =$1.82 per share. this is only my opinion of what I see.
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