United States Oil Fund (USO) Shares Outstanding (2009 - 2026)
United States Oil Fund's (USO) quarterly Shares Outstanding (Entity) came in at $14.8 million in Q2 2026, up 3.97% year-over-year from $14.3 million in Q2 2025, and down 6.61% quarter-over-quarter from $15.9 million in Q1 2026.
Analysis
United States Oil Fund (USO) Shares Outstanding (2009 - 2026) Analysis & Trends
United States Oil Fund (USO) has reported Shares Outstanding (Entity) for 18 consecutive years, with $14.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Shares Outstanding (Entity) rose 3.97% year-over-year to $14.8 million in Q2 2026; TTM through Jun 2026 was $14.8 million, a 3.97% increase from a year earlier, with the FY2025 full-year figure at $14.8 million, down 16.39% from the prior year.
- Shares Outstanding (Entity) was $14.8 million for Q2 2026 at United States Oil Fund, down from $15.9 million in the prior quarter.
- Over five years, Shares Outstanding (Entity) peaked at $36.1 million in Q1 2022 and troughed at $13.2 million in Q3 2025.
- A 5-year average of $20.9 million and a median of $18.1 million in 2024 frame the typical range for Shares Outstanding (Entity).
- Across the five-year window, Shares Outstanding (Entity) slumped 59.17% in 2022 and grew 19.61% in 2026, its largest moves.
- Over 5 years, Shares Outstanding (Entity) stood at $35.3 million in 2022, then slumped by 34.92% to $23.0 million in 2023, then slipped by 22.79% to $17.7 million in 2024, then fell by 16.39% to $14.8 million in 2025, then changed by 0.0% to $14.8 million in 2026.
- The last three Shares Outstanding (Entity) figures came in at $14.8 million (Q2 2026), $15.9 million (Q1 2026), and $14.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 155.20 Mn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | 361.94 Mn |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | 369.28 Mn |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | 339.27 Mn |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | 215.90 Mn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | 372.94 Mn |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - | 515.20 Mn |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | 451.30 Mn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | 26.40 Mn |
| 10 | United States Oil Fund | 2.15 Bn | 800.11 Mn | - | 14.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.73 Mn |
| Mar 31, 2026 | 15.87 Mn |
| Dec 31, 2025 | 13.44 Mn |
| Sep 30, 2025 | 12.97 Mn |
| Jun 30, 2025 | 14.26 Mn |
| Mar 31, 2025 | 13.27 Mn |
| Dec 31, 2024 | 17.73 Mn |
| Sep 30, 2024 | 16.98 Mn |
| Jun 30, 2024 | 17.17 Mn |
| Mar 31, 2024 | 19.68 Mn |
| Dec 31, 2023 | 22.96 Mn |
| Sep 30, 2023 | 20.34 Mn |
| Jun 30, 2023 | 24.43 Mn |
| Mar 31, 2023 | 25.23 Mn |
| Dec 31, 2022 | 35.28 Mn |
| Sep 30, 2022 | 30.60 Mn |
| Jun 30, 2022 | 36.62 Mn |
| Mar 31, 2022 | 42.93 Mn |
| Dec 31, 2021 | 65.29 Mn |
| Sep 30, 2021 | 56.45 Mn |