United States Oil Fund

U.S. Oil and U.S. Gain Combine to Form U.S. Energy™

Retrieved on:

Monday, June 12, 2023

Koel, Reunion, Sustainable energy, United States Oil Fund, Marketing, Hydrogen, Ethanol, Gasoline, Risk management, Lubricant, Carbon, Forestry, Natural gas, Transport, U.S. Venture Partners, Renewable energy, Breakthrough

U.S. Energy is a vertically integrated energy solutions provider proficient in refined products, alternative fuels, and environmental credits.

Key Points:

U.S. Energy is a vertically integrated energy solutions provider proficient in refined products, alternative fuels, and environmental credits.
Tenured in trading, logistics, storage, compliance, and marketing, U.S. Energy is uniquely positioned to serve its customers’ current and future energy needs.
U.S. Oil was most recently led by Eric Kessenich who joined the company in 2010 and was promoted to president in 2017.
In May 2017, Koel was named president of U.S. Gain: a Sustainable Energy Solutions™ company he founded within U.S. Oil in 2011.

USCF Announces Launch of the USCF Dividend Income Fund with Miller/Howard Investments (Ticker: UDI)

Retrieved on:

Wednesday, June 8, 2022

WALNUT CREEK, Calif., June 8, 2022 /PRNewswire/ -- USCF, today, announced it has launched the USCF Dividend Income Fund ("UDI" or the "Fund") with Miller/Howard Investments, Inc. ("Miller/Howard"), a Woodstock, NY based, research-driven asset manager.

Key Points:

WALNUT CREEK, Calif., June 8, 2022 /PRNewswire/ -- USCF, today, announced it has launched the USCF Dividend Income Fund ("UDI" or the "Fund") with Miller/Howard Investments, Inc. ("Miller/Howard"), a Woodstock, NY based, research-driven asset manager.
Dividend income can be used to meet current spending needs or, when reinvested, to drive the power of compounding.
Dividend income can be used to meet current spending needs or, when reinvested, to drive the power of compounding.
"As an asset manager who specializes in commodities and alternative investments, USCF is focused on offering unique investment opportunities," said John Love, President and CEO of USCF.

U.S. Venture Continues to Lead Industry with Fuel Tax Compliance Technology from Motor Fuel License Center

Retrieved on:

Wednesday, December 8, 2021

Automation, Warehouse, Lubricant, Industry, Petroleum, Work, United States Oil Fund, Compliance, Renewable energy

U.S. Venture is at the forefront of industry utilizing the next generation of MFLicenseCenter.com to complement its suite of excise tax software and improve automation of tax compliance.

Key Points:

U.S. Venture is at the forefront of industry utilizing the next generation of MFLicenseCenter.com to complement its suite of excise tax software and improve automation of tax compliance.
As a cloud-based source of license content for U.S. Venture and its U.S. Oil division, Motor Fuel License Center provides unprecedented access to licensing information from numerous federal, state, and local jurisdictions.
The introduction of delivered content to automate fuel tax compliance lays the foundation for future tax innovations.
Motor Fuel License Center (MFLC) helps companies source data to automate fuel tax compliance.

USCF Announces Launch of the USCF Gold Strategy Plus Income Fund (Ticker: GLDX)

Retrieved on:

Wednesday, November 3, 2021

"Physical gold is a portfolio staple that has long provided inflation protection, diversification, and stability in volatile markets.However, gold doesn't earn income on its own.GLDX attempts to add income to gold exposure," said John Love, President and CEO of USCF.

Key Points:

"Physical gold is a portfolio staple that has long provided inflation protection, diversification, and stability in volatile markets.However, gold doesn't earn income on its own.GLDX attempts to add income to gold exposure," said John Love, President and CEO of USCF.
"The ability to combine an income objective with exposure to the gold markets makesmakes SummerHaven's Gold Plus Income strategy a dynamic addition to our long standing partnership."
"Covered call and 'buy write' strategies have been used by equity investors for decades seeking to generate income, and we're excited to collaborate with USCF and bring this innovative gold strategy to ETF investors.
"GLDX offers an inflation hedging strategy for investors seeking exposure to the gold markets along with income."

Brompton Proposes Conversion of Flaherty & Crumrine Investment Grade Preferred Income Fund Into an Exchange Traded Fund

Retrieved on:

Thursday, September 9, 2021

At the Meeting, Unitholders will be asked to approve, among other things, the conversion of the Fund (the Conversion) from a closed-end investment fund into an exchange-traded fund (ETF).

Key Points:

At the Meeting, Unitholders will be asked to approve, among other things, the conversion of the Fund (the Conversion) from a closed-end investment fund into an exchange-traded fund (ETF).
If the Conversion is approved by Unitholders, the name of the Fund will be changed to Brompton Flaherty & Crumrine Enhanced Investment Grade Preferred ETF on the effective date of the Conversion.
Following the Conversation, the Fund will be considered to be an alternative mutual fund within the meaning of National Instrument 81-102 Investment Funds.
Founded in 2000, Brompton is an experienced investment fund manager with income focused investment solutions including exchange-traded funds (ETFs) and other TSX traded investment funds.

USCF Announces Launch of the USCF Midstream Energy Income Fund with Miller/Howard Investments (Ticker: UMI)

Retrieved on:

Wednesday, March 24, 2021

Exchange-traded funds, United States Oil Fund, Energy development, Boost ETP

"We are excited to enter the ETF arena with our new collaborators, USCF," said Luan Jenifer, President of Miller/Howard Investments.

Key Points:

"We are excited to enter the ETF arena with our new collaborators, USCF," said Luan Jenifer, President of Miller/Howard Investments.
"This new Fund utilizes the established methods that Miller/Howard has effected to bring the midstream energy sector, including MLPs, to investors more broadly and without a K-1."
The firm broke new ground with the launch of the first oil ETP, the United States Oil Fund, LP (USO), in 2006.
The Fund invests primarily in energy infrastructure companies which may be affected by fluctuations in energy prices and supply and demand of energy fuels.

Robbins Geller Rudman & Dowd LLP Announces Expanded Class Period in Class Action Suit Against United States Oil Fund, LP

Retrieved on:

Saturday, August 15, 2020

Legal, Professional services, Robbins Geller Rudman & Dowd LLP, Exchange-traded funds, United States Oil Fund, Class action, Plaintiff, United Service Organizations, Private Securities Litigation Reform Act, Lawsuit, Law, Common law, Government, Milberg

Robbins Geller Rudman & Dowd LLP ( https://www.rgrdlaw.com/cases-us-oil-fund-class-action-lawsuit.html ) today announced that a complaint expanding the class period in a securities case against United States Oil Fund, LP (NYSEArca:USO) was recently filed in the Southern District of New York and is captioned Palacios v. United States Oil Fund, LP, No.

Key Points:

Robbins Geller Rudman & Dowd LLP ( https://www.rgrdlaw.com/cases-us-oil-fund-class-action-lawsuit.html ) today announced that a complaint expanding the class period in a securities case against United States Oil Fund, LP (NYSEArca:USO) was recently filed in the Southern District of New York and is captioned Palacios v. United States Oil Fund, LP, No.
Robbins Geller filed the first complaint on behalf of USO purchasers, captioned Lucas v. United States Oil Fund, LP, No.
The Private Securities Litigation Reform Act of 1995 permits any investor who purchased United States Oil Fund, LP (USO or the Fund) securities during the Class Period to seek appointment as lead plaintiff in the USO class action lawsuit.
A lead plaintiff acts on behalf of all other class members in directing the USO class action lawsuit.

Abraham, Fruchter & Twersky, LLP Files A Class Action Lawsuit Against United States Oil Fund, LP (NYSEArca:USO)

Retrieved on:

Thursday, August 13, 2020

Exchange-traded funds, United States Oil Fund, Twersky, Surnames

NEW YORK, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Abraham, Fruchter & Twersky, LLP ( www.aftlaw.com ) announces that it has filed a class action lawsuit against United States Oil Fund, LP (USO) (NYSEArca:USO) and certain of its officers.

Key Points:

NEW YORK, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Abraham, Fruchter & Twersky, LLP ( www.aftlaw.com ) announces that it has filed a class action lawsuit against United States Oil Fund, LP (USO) (NYSEArca:USO) and certain of its officers.
v. United States Oil Fund, LP, et al., No.
If you wish to discuss this action, you are encouraged to contact Abraham, Fruchter & Twersky, LLP by e-mailing either Jack G. Fruchter ( [email protected] ) or Sean M. Handron-OBrien ( [email protected] ).
The USO class action lawsuit charges USO and certain of its officers and directors with violations of the Securities Exchange Act of 1934.

Portnoy Law: Lawsuit Filed On Behalf of United States Oil Fund, LP Investors

Retrieved on:

Friday, July 31, 2020

Finance, Money, Exchange-traded funds, Economy, United States Oil Fund, Investor

LOS ANGELES, July 31, 2020 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of United States Oil Fund, LP ("US Oil Fund" or the "Company") (NYSE: USO) investors that acquired securities after the Companys March 19, 2020 registration statement.

Key Points:

LOS ANGELES, July 31, 2020 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of United States Oil Fund, LP ("US Oil Fund" or the "Company") (NYSE: USO) investors that acquired securities after the Companys March 19, 2020 registration statement.
Investors are encouraged to contact attorney Lesley F. Portnoy , to determine eligibility to participate in this action, by phone 310-692-8883 or email , or click here to join the case.
The lawsuit filed on behalf of investors alleges that defendants stated that USO would achieve its investment objective by investing substantially all of its portfolio assets in the near month WTI futures contract.
USO transformed from the passive ETF designed to track spot oil prices, which defendants had pitched to investors, into an actively managed fund.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of United States Oil Fund, LP - USO

Retrieved on:

Thursday, July 30, 2020

Finance, Money, Economy, Abraham Pomerantz, Investment funds, Pomerantz, United States Oil Fund, Investor, Investment, Futures contract

NEW YORK, July 29, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of United States Oil Fund, LP (USO or the Company) (NYSEARCA:USO).

Key Points:

NEW YORK, July 29, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of United States Oil Fund, LP (USO or the Company) (NYSEARCA:USO).
Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
USO stated that it would achieve its investment objectives by investing substantially all of its portfolio assets in the near month WTI futures contract.
Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.