US President Donald Trump
US President Donald Trump’s energy stock portfolio gained nearly $15.5 million in 2026, driven by a surge in oil prices following the Iran war, according to a report issued by the Joint Economic Committee of Congress on Aug. 24. 
Refiners Lead Gains
Refining stocks in Trump’s portfolio recorded the strongest gains, with his holdings in Valero Energy and Marathon Petroleum rising by more than 100% through Aug. 17. Meanwhile, his positions in Exxon Mobil and Chevron increased by approximately 32% and 30%, respectively.
The estimated gains on Trump’s energy stock portfolio rose from $12.5 million-$45.6 million to $17.2 million-$61.1 million, respectively.
The US President invested an additional $3.6 million in energy stocks during Q1 2026.
Meanwhile, major oil companies reported combined profits of $125.2 billion in H1 2026.
White House spokesperson Davis Engel said the portfolio is managed with full discretion by independent investment managers, without any involvement from Trump or his family.
Trump’s Oil and Gas Stock Portfolio Estimates (USD)
Item
Minimum
Maximum
Portfolio value at end-2025
$12.5 million
$45.6 million
Portfolio value as of Aug. 17, 2026
$17.2 million
$61.1 million
Estimated gains (2026)
$4.6 million
$15.5 million
Additional purchases (Q1 2026)
$3.6 million
—
The surge could trigger broader congressional scrutiny if Democrats gain control of either chamber of Congress in the November midterm elections. The key question is whether the administration’s defense will withstand public pressure amid rising gasoline prices.
US President Donald Trump
US President Donald Trump’s energy stock portfolio gained nearly $15.5 million in 2026, driven by a surge in oil prices following the Iran war, according to a report issued by the Joint Economic Committee of Congress on Aug. 24.
Refiners Lead Gains
Refining stocks in Trump’s portfolio recorded the strongest gains, with his holdings in Valero Energy and Marathon Petroleum rising by more than 100% through Aug. 17. Meanwhile, his positions in Exxon Mobil and Chevron increased by approximately 32% and 30%, respectively.
The estimated gains on Trump’s energy stock portfolio rose from $12.5 million-$45.6 million to $17.2 million-$61.1 million, respectively.
The US President invested an additional $3.6 million in energy stocks during Q1 2026.
Meanwhile, major oil companies reported combined profits of $125.2 billion in H1 2026.
White House spokesperson Davis Engel said the portfolio is managed with full discretion by independent investment managers, without any involvement from Trump or his family.
Trump’s Oil and Gas Stock Portfolio Estimates (USD)
Item
Minimum
Maximum
Portfolio value at end-2025
$12.5 million
$45.6 million
Portfolio value as of Aug. 17, 2026
$17.2 million
$61.1 million
Estimated gains (2026)
$4.6 million
$15.5 million
Additional purchases (Q1 2026)
$3.6 million
—
The surge could trigger broader congressional scrutiny if Democrats gain control of either chamber of Congress in the November midterm elections. The key question is whether the administration’s defense will withstand public pressure amid rising gasoline prices.
