CVX ▲ +0.7% - Chevron Corporation
Trump’s accounts reported energy-stock trades on days when Iran-war developments moved oil markets, CNBC reported, while finding no evidence of advance knowledge or directed trading.
The Details:
• March purchases: On March 2, Trump’s accounts reported buying shares in eight major oil and gas companies, including $100,001 to $250,000 of Exxon $XOM.
• Ceasefire-day trades: On March 23, accounts reported 16 oil and gas purchases worth about $163,000 to $570,000 after Brent crude fell nearly 11%.
• Exxon sale: On April 7, an account reported selling $500,001 to $1 million in Exxon shares before Trump announced a two-week ceasefire.
• Portfolio profits: Nine companies in Trump’s portfolio reported combined second-quarter profit of $47.6 billion, up from $15.9 billion a year earlier.
• Portfolio companies: The holdings include Exxon Mobil $XOM, Chevron $CVX, ConocoPhillips, Kinder Morgan, Marathon Petroleum, Occidental, Phillips 66, Valero, and Williams.
* ?Trump’s nine largest disclosed oil and gas holdings gained an estimated $1.5 million to $4.4 million from Feb. 27 through Aug. 31, CNBC calculated.
Chevron rose 0.7% today as energy stocks broadly benefited from strong second-quarter earnings across the sector. The headline notes that nine major oil and gas companies in Trump's portfolio, including Chevron, reported combined second-quarter profits of $47.6 billion, nearly triple the $15.9 billion from a year earlier, though CNBC found no evidence of advance knowledge or directed trading in the account activities it reviewed.
09-SEP-2026 07:48 AM ET
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