Representative Kevin Hern (R-OK) disclosed four trades in OKE, the stock of ONEOK, Inc., between August 31 and September 11, 2026. The estimated midpoint value of the combined transactions is roughly $1.0 million, making it one of the larger single-stock disclosures by a member of the House Ways and Means Committee this year.
The filings, submitted under the STOCK Act, list two sales and two exchanges. The largest item, an exchange on September 11, falls in the $500,000 to $1.0 million range. A second exchange the same day is valued between $100,000 and $250,000. The two sales, on August 31 and September 4, are each below $100,000.
All four trades are marked as owned by a joint trust (JT), a common structure for spousal or family holdings. The total value across the four filings is at least $665,000 and could reach $1.4 million, with the midpoint at $1.0 million.
Hern's trading history
Hern has now made 1,037 career trades in office, according to the database maintained by this publication. That places him among the more active traders in the House. His committee assignments include the tax-writing Ways and Means Committee and its subcommittees on Tax and Health, positions that regularly intersect with energy policy and corporate tax treatment.
ONEOK is a Fortune 500 midstream company with a market cap of $53.8 billion. It operates natural gas liquids gathering, processing, and transportation systems across the central United States. The stock trades on the NYSE and has ranged between $64.02 and $99.85 over the past 52 weeks. At the time of the disclosures, shares were near $88.78.
The company's performance is often read as a bellwether for energy infrastructure demand, particularly in the NGL segment. Hern's district in Oklahoma sits in the heart of ONEOK's operating territory, though the disclosure itself says nothing about why the trades were made.
Other lawmakers in ONEOK
Hern is not alone in holding OKE. A total of 26 lawmakers have reported trades in the stock since 2021, a relatively high count for a single energy name. The list includes members from both parties and several who sit on energy or tax committees.
The timing of Hern's disclosures is routine; the STOCK Act requires trades to be reported within 45 days of execution. The September 11 exchange was filed within that window, and the earlier sales also fall inside the required period.
For context, the latest congressional trades database shows a steady stream of energy sector activity, but few single filings reach the $1 million midpoint level. Hern's combined ONEOK disclosure is one of the larger ones in recent months.
The exchange transactions, which typically involve a conversion of one security into another, are less common in congressional filings than straight buys or sells. Their size here, combined with the two smaller sales, gives the full disclosure a scale that stands out in the data.
The disclosed trades
Every OKE line item from Kevin Hern's periodic transaction reports, as filed:
| Trade date | Type | Amount (disclosed range) | Filed | Days to disclosure |
|---|---|---|---|---|
| Aug 31, 2026 | Sell | $50K–$100K | Sep 25, 2026 | 25 |
| Sep 4, 2026 | Sell | $15K–$50K | Sep 25, 2026 | 21 |
| Sep 11, 2026 | Exchange | $500K–$1.0M | Sep 25, 2026 | 14 |
| Sep 11, 2026 | Exchange | $100K–$250K | Sep 25, 2026 | 14 |