Energy Transfer (ET) is a midstream energy company with a quarterly cash distribution of 34 cents per common unit, yielding 6.3%. Analyst Jeremy Tonet from JPMorgan reiterated a buy rating and raised the price target to $25, citing strong Q2 results and increased 2026 adjusted EBITDA guidance to $18.8 billion-$19.1 billion.
Permian Resources (PR) declared a base dividend of $0.16 per share, yielding about 2.7%. Goldman Sachs analyst Neil Mehta maintained a buy rating and increased the price target to $27, highlighting operational efficiencies and a projected 20% CAGR in free cash flow per share from 2025 to 2028. Sempra Energy (SRE) announced a quarterly dividend of $0.6575 per share, yielding approximately 3.1%.
Jefferies analyst Julien Dumoulin-Smith upgraded SRE to Buy but lowered the price target to $97, noting concerns about Texas transmission capital expenditures and California legislation. Despite these challenges, he sees limited downside for SRE stock, suggesting it may be an early opportunity for investors