Rep. Julia Letlow, a Republican member of the U.S. House representing Louisiana, disclosed a purchase of Chevron Corporation common stock (CVX) in a Periodic Transaction Report filed under the STOCK Act. The transaction, made by Letlow herself, took place on October 23, 2024, and was valued between $1,001 and $15,000, according to the disclosed range. The stock is held through Merrill Lynch Investment Account #025.
The filing lands this purchase in the ‘congress buy’ category on our tracker, meaning a sitting House member reported adding shares of a company to their portfolio rather than trimming or exiting a position. Chevron, one of the largest publicly traded oil and gas companies in the world, is a common holding among institutional and individual investors alike, and its appearance in congressional disclosures is not unusual.
A Filing Well Past the 45-Day Window
What stands out in this case is the timing of the disclosure itself. The STOCK Act requires members of Congress to report qualifying transactions within 45 days of becoming aware of them. Letlow’s report, however, was filed 292 days after the October 23, 2024 transaction date — more than six times the statutory deadline. The reason for the delay is not stated in the filing, and this article does not speculate on why the report came in late. STOCK Act disclosures are a legal requirement for transparency, not an accusation of wrongdoing, and late filings by members of Congress across both parties are tracked separately from the substance of the trades themselves.
Chevron has become something of a recurring name in these delayed disclosures. Earlier this year, this site covered Tim Walberg’s Chevron (CVX) buy, filed 476 days late, another instance where a CVX transaction reached public record well outside the 45-day window. Other members’ households have also disclosed Chevron activity with significant delays, underscoring that late filings tend to cut across party lines and asset types rather than clustering around any single stock or lawmaker.
For now, the public record shows a straightforward transaction: a sitting House member purchased shares of a major energy company in a brokerage account, in an amount under $15,000, and reported it to the Clerk of the House well after the legally required window had closed. No additional detail on the size of the position beyond the disclosed range, or on any related account activity, is included in the filing.
Readers interested in following how frequently congressional Chevron trades — and their disclosure timelines — recur can also review our coverage of a Chevron sale reported by a member’s spouse earlier this year.