United States Oil Fund, LP reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported negative revenue was USD 132.78 million compared to revenue of USD 357.72 million a year ago. Net loss was USD 135.45 million compared to net income of USD 355.09 million a year ago. Basic loss per share from continuing operations was USD 7.98 compared to basic earnings per share from continuing operations of USD 17.45 a year ago.
For the nine months, revenue was USD 133.04 million compared to USD 258.72 million a year ago. Net income was USD 124.77 million compared to USD 250.52 million a year ago. Basic earnings per share from continuing operations was USD 6.96 compared to USD 10.74 a year ago.