$ET

FERC clarified that oil pipelines, including Kinder Morgan and Energy Transfer, can collect interest on remedial assessments for 2022-2024, widening eligibility to some pipelines that charged below ceiling rates. The Commission denied a shipper request to stay the order pending appeal, stating economic harm alone does not constitute irreparable injury.

Six energy companies are highlighted for their high dividend yields and strong cash flow. Enterprise Products Partners (EPD) yields 5.99%, Energy Transfer (ET) 6.49%, MPLX (MPLX) 7.51%, Western Midstream (WES) 7.97%, Plains All American (PAA) 6.83%, and Sunoco (SUN) 5.5%. All report record volumes and raised guidance, with varying growth projects and risks.

The Pipeline and Hazardous Materials Safety Administration ordered Energy Transfer to inspect and repair its pipelines due to a system-wide risk of leaks, similar to past incidents in Michigan and Pennsylvania. The agency cited failures in repair sleeves and inadequate record-keeping. Energy Transfer's Twin Oaks pipeline, operated by Sunoco LP, is currently running at reduced pressure. Investigations into the leaks are ongoing, and a U.S. representative has called for pipeline safety reforms.

Energy Transfer and its affiliates (Sunoco, SunocoCorp, USA Compression Partners) listed on the Texas Stock Exchange, totaling nearly $100 billion in market value. Energy Transfer alone accounts for $73.5 billion. The exchange raised $430 million in funding, with support from major investors. This is the first primary corporate listing for the Texas Stock Exchange, which began trading in July.

Zacks.com highlights five energy companies involved in recent M&A activity. Crescent Energy (CRGY) to acquire Devon Energy's Eagle Ford assets for $3.85B, Energy Transfer (ET) to buy Vaquero for $2.63B, Cenovus Energy (CVE) to acquire Athabasca for C$5.7B, and Drilling Tools (DTI) to acquire Saltire and Foxley. Deals aim to expand operations, reduce costs, and improve profitability.

Energy Transfer faces a federal order to inspect and repair its pipelines after a crude oil leak in Sterling Heights. The company must shut down the affected segment, reduce pressure, and verify the integrity of repair sleeves across its network. Regulators found missing repair records for hundreds of sleeves, raising safety concerns. Energy Transfer operates 140,000 miles of pipelines across 44 states.

Mizuho raised its price target for Energy Transfer (ET) to $26, citing growth prospects. The stock is up 30.41% YTD, with a 6.66% dividend yield. The company reported strong Q2 2026 earnings, exceeding EPS estimates but missing revenue forecasts. Energy Transfer also raised its full-year EBITDA guidance. Multiple analysts have adjusted their targets and earnings estimates.

New Mexico AG Raúl Torrez challenges the Federal Energy Regulatory Commission's review of the Green Chile Project pipeline, arguing it fails to account for the environmental impacts of the Project Jupiter data center. The pipeline, proposed by Energy Transfer, aims to serve the data center in Doña Ana County. Torrez claims the review violates the National Environmental Policy Act.

MPLX (NYSE: MPLX) plans to increase its distribution by 12.5% in 2026 and 2027, while Energy Transfer (NYSE: ET) targets 3-5% annual raises. MPLX offers a higher yield (7.65%) but narrower cash coverage (1.3x in 2026). Energy Transfer has a lower yield (6.8%) but wider coverage (2.1x in 2026). Both are MLPs with different growth and risk profiles.

Service Properties Trust (SSVC) received a $2.0B acquisition offer from TKO LLC. Viatris (VTRS) agreed to buy Pacira BioSciences (PCRX) for $1.65B. Option Care Health (OPCH) surged 34% after a $5.8B acquisition deal with CD&R and McKesson (MCK). Energy Transfer (ET) will acquire Vaquero Midstream for $2.625B. Emera (EMA) and Canadian Utilities (CDUAF) agreed to a $10B merger. Cenovus Energy (CVE) will acquire Athabasca Oil (ATHOF) for ~$5.7B.