- Morgan Stanley sets a price target of $39 for WES, indicating a potential increase of about 3.01%.
- Western Midstream reports strong quarterly growth with record adjusted EBITDA and increased volumes in key segments.
- Significant expansion projects like the North Loving II and Pathfinder pipelines are expected to drive future growth.
Western Midstream Partners, LP (NYSE:WES) is a master limited partnership operating in the energy sector, focusing on the gathering, processing, and transporting of natural gas, natural gas liquids (NGLs), and crude oil. Known for its strong cash flow and disciplined leverage, it stands out as an attractive option for income-focused investors.
On August 26, 2025, Morgan Stanley set a price target of $39 for WES, while the stock was trading at $37.86. This suggests a potential price increase of about 3.01%. Currently, the stock price is $37.93, reflecting a slight decrease of 1.15% with a change of $0.44. Today, WES has traded between $37.76 and $38.50.
Western Midstream offers a high single-digit dividend yield, supported by its robust cash flow. The company has reported strong quarterly growth, achieving record adjusted EBITDA and increased volumes in its natural gas, NGL, and crude oil segments. This financial strength makes WES appealing to investors seeking steady income.
Significant expansion projects, such as the North Loving II and Pathfinder pipelines, are positioning Western Midstream for future growth. These projects are expected to enhance the company’s processing capacity, contributing to its long-term success. Over the past year, WES has reached a high of $43.33 and a low of $33.60.
The company’s market capitalization is approximately $14.46 billion, with a trading volume of 853,549 shares on the NYSE. These figures highlight the company’s substantial presence in the market and its potential for continued growth.