3 Energy Dividend Stocks to Buy for Big Yields in August

Energy Transfer LP co-founder Kelcy Warren bought $21.3 million in units. The company, with a $72.9B market cap and $104.5B TTM revenue, operates extensive energy infrastructure. Warren's purchase is seen as a bullish signal, with management expecting strong performance and new demand for natural gas.

Energy Transfer (ET) co-founder Kelcy Warren bought 1 million units near the 52-week high of $21.27, a $15 million discretionary investment. ET beat Q2 EPS estimates by 59%, raised full-year EBITDA guidance to $19 billion, and increased its distribution for the 19th consecutive quarter. The company has a forward P/E of 13 and a 6.4% yield, but its K-1 tax structure may not suit retirement accounts.

The U.S. Army Corps of Engineers approved a permit for Enbridge Energy's Line 5 pipeline tunnel project in Michigan, despite tribal nations' objections. The project aims to replace a segment of the pipeline crossing the Straits of Mackinac. The Army Corps stated the project complies with regulations and does not impair tribal treaty rights, but tribes argue the review was flawed and ignored their concerns. Enbridge needs additional state permits to proceed with construction, which faces ongoing

The U.S. Army Corps of Engineers granted Enbridge Energy a permit for a tunnel under the Straits of Mackinac to house a new Line 5 oil pipeline segment. The permit was issued under the Trump administration's accelerated initiative. However, the Michigan Supreme Court recently overturned state-level approvals, potentially delaying the project despite federal approval. Enbridge calls the decision a 'significant step forward,' while environmental groups and tribes criticize the process.

Energy Transfer LP (ET) reported Q2 revenue growth of 164% YoY, with adjusted EBITDA up 31%. The company raised its full-year 2026 EBITDA guidance to $18.8B-$19.1B. ET is capitalizing on high natural gas demand, signing long-term agreements and completing infrastructure projects. Hedge fund ownership increased, but total stake value slightly decreased.

Enbridge's $4B Sunrise project, expanding Westcoast Energy's natural gas pipeline, is split into four segments. Construction began in July, with completion expected by 2028. The project aims to add 300M cubic feet per day capacity, involving multiple contractors and Indigenous partnerships. Enbridge has spent $54M on Indigenous businesses as of March 2026.