When Michael T. McCaul sold shares of NFG on June 26, 2026, he became the only member of Congress to disclose a trade in the stock in the last three years. The sale, valued between $50,000 and $100,000, was made by his spouse.
The transaction, reported in a periodic disclosure filed with the House, is the first NFG trade by any lawmaker since at least mid-2023. Seven other members have traded the stock over the years, but none in the current three-year window.
The Trade
- Date: June 26, 2026
- Type: Sell
- Value: $50,000 – $100,000
- Owner: Spouse
McCaul, a Republican from Texas, has served in the House since 2005. He sits on the Homeland Security Committee and the Foreign Affairs Committee, including subcommittees on East Asia and the Pacific, and Europe. His career trading record shows 42,916 total transactions.
NFG, or National Fuel Gas Company, is a diversified energy company with natural gas production, pipeline transportation, and utility operations in the northeastern U.S. Its integrated midstream and downstream assets produce stable cash flows in regulated markets. The stock trades on the NYSE with a market cap of $9.2 billion. It closed at $96.30, near the top of its 52-week range of $69.93 to $96.78.
The sale comes under the STOCK Act, which requires members of Congress to disclose securities transactions within 45 days. The filing is a matter of public record; it does not indicate any wrongdoing.
McCaul's spouse sold shares at a time when the stock was within 0.5% of its 52-week high. The sale amount is small relative to his overall portfolio, which has seen thousands of trades over his two decades in office.
With no other member trading NFG in the past three years, McCaul's disclosure stands alone. Investors tracking congressional activity in energy stocks will find no other recent NFG transactions to compare. The next update on latest congressional trades may provide more context, but for now, this is the only NFG trade on record.