United States Oil Fund (USO) Shares Outstanding (2009 - 2026)

United States Oil Fund's Shares Outstanding history runs 18 years deep, the most recent figure standing at $20.9 million for Q1 2026.

• In Q1 2026, Shares Outstanding rose 65.75% year-over-year to $20.9 million; the TTM figure through Mar 2026 stood at $20.9 million (up 65.75% YoY), while the FY2025 annual figure was $12.8 million, down 11.09% from the prior year.
• Shares Outstanding was $20.9 million for Q1 2026 at United States Oil Fund, up from $12.8 million in the prior quarter.
• In the past five years, Shares Outstanding ranged from a high of $185.4 million in Q2 2022 to a low of $12.0 million in Q3 2025.
• Historically, Shares Outstanding has averaged $30.6 million across 5 years, with a median of $19.2 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Shares Outstanding jumped 154.54% in 2022, then sank 86.77% in 2023.
• A 5-year view of Shares Outstanding shows it stood at $28.2 million in 2022, then declined by 17.01% to $23.4 million in 2023, then tumbled by 38.42% to $14.4 million in 2024, then fell by 11.09% to $12.8 million in 2025, then jumped by 63.16% to $20.9 million in 2026.
• The last three Shares Outstanding figures came in at $20.9 million (Q1 2026), $12.8 million (Q4 2025), and $12.0 million (Q3 2025), per Business Quant data.