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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

Comment by Frostyfreshon May 18, 2017 10:16am
143 Views
Post# 26259248

RE:USO annual Shareholders meeting.

RE:USO annual Shareholders meeting.
Thank you Raytee for the awesome informative post. Did you see if they mentioned about any near-future financing to pay off liabilities? My impression from past news is they owe a bit more than 3 million to various people.

While we won't know that the process works until there's an announcement, now the long process begins of crunching numbers to find a fair valuation for the company.
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