Kevin Hern
Kevin Hern (R-OK) sold $250K-$500K of $DVN (Devon Energy Corporation Common Stock (DVN) [ST]) on Dec 31, 2024, part of 9 transactions in this filing (2 buys, 7 sells).
HillSignal flagged 2 timing concerns on this filing — trades that line up closely with related legislative or contract activity.
Companies in this filing · 8
Price Movement Since Trade
How the largest positions have moved from the trade date to the most recent close.
Showing the 6 largest positions. See every transaction in the table below.
Suspicious Timing Detected
2 flagsRep. Hern bought $1K-$15K in Exxon (XOM) on Dec 10, 2024 — 98 days before introducing the Stop CARB Act (HR2218), which would remove California's emission standards and benefit traditional oil companies.
Rep. Hern bought $1K-$15K in Exxon (XOM) on Dec 10, 2024 — 107 days before introducing the Choice in Automobile Retail Sales Act (HR2165), which limits EPA authority on EV mandates and supports ICE vehicle sales.
These flags identify timing coincidences between stock trades and legislative activity. They do not imply wrongdoing. Click any bill number or ticker to see the full analysis.
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All Transactions
| Type | Ticker | Asset | Amount | Trade Price | Current | Change | Date |
|---|---|---|---|---|---|---|---|
| BUY | $XOM | Exxon Mobil Corporation Common Stock (XOM) [ST] | $1K-$15K | $112.67 | $154.67 | +37.3% | Dec 10, 2024 |
| BUY | $HD | Home Depot, Inc. (HD) [ST] | $1K-$15K | $414.42 | — | — | Dec 12, 2024 |
| SELL | Corporate Securities | Citigroup MTN 9/1/2026 [CS](Corporate Securities) | $500K-$1M | — | — | — | Dec 3, 2024 |
| PARTIAL SELL | $DVN | Devon Energy Corporation Common Stock (DVN) [ST] | $250K-$500K | $32.73 | — | — | Dec 31, 2024 |
| SELL | $JNJ | Johnson & Johnson Common Stock (JNJ) [ST] | $100K-$250K | $144.62 | — | — | Dec 31, 2024 |
| SELL | $AGCO | AGCO Corporation Common Stock (AGCO) [ST] | $50K-$100K | $93.48 | $114.43 | +22.4% | Dec 31, 2024 |
| SELL | $DXCM | DexCom, Inc. - Common Stock (DXCM) [ST] | $50K-$100K | $77.77 | — | — | Dec 31, 2024 |
| SELL | $INTC | Intel Corporation - Common Stock (INTC) [ST] | $50K-$100K | — | — | — | Dec 31, 2024 |
| SELL | $EL | Estee Lauder Companies, Inc. (EL) [ST] | $15K-$50K | $74.98 | — | — | Dec 31, 2024 |
Connected Legislative Activity
6 signalsThese bills and contracts share tickers or sectors with this filing's trades.
No Tax Breaks for Outsourcing Act
The No Tax Breaks for Outsourcing Act (S409) would eliminate tax deferral on foreign profits for U.S. multinationals, increasing effective tax rates by 5-8 percentage points. The bill is in early stages (referred to Senate Finance Committee, 19 cosponsors) and poses a 4-8% annual net income headwind for high international-exposure companies. Despite 8-30% rallies in the last 30 days across MSFT, AAPL, GOOGL, KO, PG, XOM, and CVX, this legislative risk is not currently priced into valuations.
Stop CARB Act of 2025
The Stop CARB Act of 2025, introduced on March 18, 2025, and referred to the House Energy and Commerce Committee, would eliminate California's federal waiver to set independent vehicle emissions standards. This is structurally bullish for legacy automakers GM and Ford and integrated oil majors ExxonMobil and Chevron, which face reduced compliance costs and preserved ICE demand. It is structurally bearish for pure-play EV makers Tesla, Rivian, and Lucid, which lose a key regulatory tailwind and credit revenue streams. The bill is in early legislative stages with only 6 cosponsors and a companion bill in the Senate.
Choice in Automobile Retail Sales Act of 2025
HR 2165, introduced in March 2025, removes EPA authority to mandate EV technology or limit ICE vehicle availability. The bill remains in early legislative stages with 11 cosponsors and is referred to committee, but it signals a clear regulatory agenda protecting traditional automotive and oil/gas value chains. Real market data shows Ford at $11.85 (down 4.28% in 7 days), GM at $77.67 (down 0.49%), and Stellantis at $7.21 (down 10.55%), while energy tickers XOM ($154.39, +3.68%), CVX ($192.41, +3.89%), KMI ($32.61, +2.74%), and ET ($19.95, +4.56%) have rallied in the same period.
Securing American Agriculture Act
The Securing American Agriculture Act (S912) is an early-stage bill requiring annual USDA reports on U.S. dependency on Chinese agricultural inputs, including equipment and fertilizers. With no authorized funding and only committee referral, the bill creates a long-term policy signal but has zero near-term market impact. Real market data shows mixed trading: Deere ($DE, $584.91) is up 3.84% in 30 days, while Mosaic ($MOS, $23.39) has declined 8.27% over the same period, reflecting broader sector headwinds independent of this bill.
Growing and Preserving Innovation in America Act of 2025
HR1062 permanently locks in higher FDII and GILTI deductions for US multinationals, preventing a ~3.3 ppt effective tax rate increase on foreign IP income scheduled for 2026. This directly boosts after-tax net income for companies with large international revenue streams, including MSFT, AAPL, GOOGL, AMZN, NVDA, JNJ, PFE, KO, and PG. The bill is in early committee stage — structural impact is contingent on passage through the 119th Congress.
Stop Arctic Ocean Drilling Act of 2025
The Stop Arctic Ocean Drilling Act of 2025 (HR2848) is an early-stage bill prohibiting new oil and gas leasing in Arctic OCS areas. It has 16 cosponsors and a companion bill in the Senate (S1445), but remains in committee with no floor action. The legislation eliminates speculative future Arctic exploration options for $XOM, $CVX, $BP, and $SHEL, but does not affect current production or near-term earnings. Market data shows the four stocks have mixed recent performance — $XOM ($152.79) and $CVX ($191.02) posted 7-day gains of +2.61% and +3.13% respectively, while $BP ($46.59) and $SHEL ($89.17) saw smaller gains of +0.74% and +0.04% over the same period. The bill's passage probability is low given unified Republican control of Congress and the White House in the 119th Congress.
Other Filings by Kevin Hern
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Data sourced from the U.S. House of Representatives Office of the Clerk Financial Disclosure system. Stock prices from Financial Modeling Prep. Suspicious timing flags identify coincidences between stock trades and legislative activity and do not imply any wrongdoing or illegal activity. This is not financial advice.