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

United States Oil Fund has reported Shares Outstanding for 18 years, with the latest figure at $20.9 million in Q1 2026.

• For the quarter ending Q1 2026, Shares Outstanding rose 65.75% year-over-year to $20.9 million; the trailing twelve-month figure through Mar 2026 stood at $20.9 million (up 65.75% YoY), and the FY2025 full-year result was $12.8 million, down 11.09% from the prior year.
• Shares Outstanding for Q1 2026 stood at $20.9 million, up from $12.8 million in the prior quarter.
• The five-year high for Shares Outstanding was $185.4 million in Q1 2022, with the low at $12.0 million in Q3 2025.
• Average Shares Outstanding over 5 years is $30.0 million, with a median of $19.2 million recorded in 2024.
• Year-over-year, Shares Outstanding slumped 82.18% in 2022 and jumped 65.75% in 2026.
• Tracing USO's Shares Outstanding over 5 years: stood at $28.2 million in 2022, then fell by 17.01% to $23.4 million in 2023, then slumped by 38.42% to $14.4 million in 2024, then retreated by 11.09% to $12.8 million in 2025, then surged 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.

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