February 11, 2026
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0:45Now PlayingDrop Site correspondent Julian Andreone asked Senator Markwayne Mullin (R-OK) to explain why he traded up to $50,000 in Conoco Phillips, Chevron, and Raytheon stocks just days before the Trump administration’s unconstitutional operation to take custody of Venezuelan leader Nicolas Maduro and turn over Venezuela’s more than $17 trillion of oil reserves to American oil and gas companies. The senator said the information is “on public record,” directing Drop Site to review his disclosures and ethics reports.
Conoco and Chevron, were both among oil companies Trump invited to the White House, in the wake of former President Maduro’s capture, to meet and discuss $100 billion of American investment into the seized oil reserves in Venezuela.
Chevron is the only major US oil company that is still operating in Venezuela, and ConocoPhillips also stands to gain billions of dollars in Venezuela, that the company claims they are owed.
The senator has yielded 15-20% returns on his Conoco and Chevron trades, and 3.71% on Raytheon. During his time in Congress, he has bought or sold $23.68 million worth of stocks in a total 492 trades.
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