Rep. Kevin Hern (R-OK) Sells Chevron (CVX) Stock
Oklahoma Congressman Kevin Hern sold shares of Chevron valued between $15,001 and $50,000.
Reviewed by automated data checks against the source filing. How we make and check alerts
Rep. Kevin Hern (R-OK) sold between $15,001 and $50,000 of Chevron Corporation ($CVX) stock on September 23, 2026. The trade was disclosed in a STOCK Act periodic transaction report filed October 13, 2026.
Since the trade, $CVX is down 0.6% after 1 week and up 9.5% to date (from the $205.51 close on Sep 23, 2026).
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Kevin Hern (R-OK)
- Status:
- Member — House
- State/District:
- OK-1
- Party:
- Republican
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Oct 13, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| Chevron Corporation ($CVX) | Sell | Sep 23, 2026 | $15,001 - $50,000 |
Summary of the filed report, not the original document. View the original: STOCK Act disclosure (House Clerk)
CVX
Chevron Corporation
Key Points
- Kevin Hern sold shares of Chevron Corporation (CVX) valued between $15,001 and $50,000 on September 23, 2026.
- The stock is currently trading around $224.44, above its 50-day moving average by 8.7% and its 200-day average by 18.4%.
- Chevron has a market cap of about $430.2 billion and is expected to release its next earnings report on October 30, 2026.
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Kevin Hern, a Republican Congressman from Oklahoma, sold shares of Chevron Corporation (CVX) valued between $15,001 and $50,000 on September 23, 2026. This transaction was reported on October 13, 2026, under the STOCK Act.
Kevin Hern vs. the S&P 500
Hypothetical returns from Kevin Hern's disclosed trades, not real profit or advice. How we model this.
Other Institutional Activity in Chevron Corporation
Blackrock Inc. grew its holdings by 10,101,663 shares, ending with 154,824,622 shares worth about $34.8 billion. State Street Corporation reduced its stake by 4,685,886 shares, bringing its total to 148,447,634 shares valued at approximately $33.4 billion. Vanguard Capital Management LLC added 416,444 shares, totaling 122,899,830 shares worth around $27.7 billion. Geode Capital Management, LLC increased its position by 860,406 shares, finishing with 44,535,812 shares valued at about $10.0 billion.
Chevron Corporation Stock Up 1.3%
Chevron is trading recently at $224.44, which is above its 50-day moving average of $206.42 by 8.7% and its 200-day average of $189.50 by 18.4%. The stock is also above its 52-week high of $223.46 by 0.4% and above its low of $146.49 by 53.2%.
Recent Earnings
Chevron reported trailing twelve-month revenue of approximately $209.4 billion, with a net margin of 9.8% and a return on equity of 12.2%. The next earnings report is expected on October 30, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
5 analysts raised price targets.
-
EPS & revenue
EPS beat estimates by 46.5%. Revenue missed estimates by 9.6%.
-
Profit surprise
EBITDA beat by 3 percent. Operating income missed by 7 percent.
-
Pre-earnings setup
Expectations were about average.
-
Analyst signal
5 target raises.
-
Earnings quality
Gross margin down 19.4 points. Operating margin down 2.5 points. Positive free cash flow.
Earnings Call Summary
The quarter delivered $1.41 per share in adjusted earnings, beating consensus, but revenue of $47.6 billion fell short of the $52.6 billion street expected. The shortfall was mainly a revenue recognition timing issue from a sharp rise in commodity prices in March, which created about $3 billion in unfavorable mark-to-market effects on derivatives. Core operations remain strong, with Guyana and TCO running at full rates, Asian refineries running hard on Chevron crude, and the company capturing real value from integrating Hess assets. Management stayed disciplined, saying it is too early to change strategy after eight weeks of Middle East conflict.
Guidance Chevron held its full-year capital spending at $18 billion to $19 billion and reaffirmed production growth of 7 percent to 10 percent. The company raised affiliate distribution expectations to over $2 billion above first quarter because TCO, CPChem, and Angola LNG are running strong. At $70 per barrel Brent, cash flow will be solid, and higher prices would boost results further.
Fine but not compelling. Acceptable results that likely do not create a meaningful forward reset.
Insider Buying and Selling at Chevron Corporation
On August 11, 2026, Officer Jeff B. Gustavson sold 14,044 shares at an average price of $194.95, totaling about $2.7 million. CEO Michael K. Wirth sold 317,100 shares on August 14, valued at approximately $63.6 million. Another Officer, Andrew Benjamin Walz, sold 16,800 shares at an average price of $201.06, worth around $3.4 million on August 17. Robert Hewitt Pate, also an Officer, sold 2,470 shares at $205.11 on August 18, totaling about $506,619.
Analysts Set New Price Targets
On September 3, 2026, BMO Capital maintained an "Outperform" rating with a price target of $235.00. Piper Sandler also maintained its "Overweight" rating with a target of $243.00, and Wells Fargo kept its "Overweight" rating with a target of $230.00. After Hern's sale, HSBC maintained a "Buy" rating with a target of $250.00 on September 25, while TD Cowen maintained a "Hold" rating with a target of $215.00 on September 28.
About Chevron Corporation
Chevron Corporation is a major player in the energy sector, focusing on oil and gas through its various subsidiaries. It operates in both upstream and downstream segments, making it a key company in the integrated energy and chemicals industry. The recent sale by Kevin Hern adds to a pattern of transactions as Congress members continue to disclose their investments.
Bottom Line
Investors should watch for Chevron's upcoming earnings report on October 30, 2026, along with any further disclosures from Kevin Hern or other members of Congress regarding their investments.
Related Filing Alerts
Source: Kevin Hern's STOCK Act disclosure on $CVX (Sep 23, 2026). Read the original filing: STOCK Act disclosure (House Clerk). Written by software, not financial advice. How we make alerts