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With an annual dividend yield of 8.11%, Western Midstream Partners, LP (NYSE:WES) is included among the 10 Best Dividend Stocks with 5%+ Yields and Growing Cash Flows.

On May 13, Wells Fargo raised its price recommendation on Western Midstream Partners, LP (NYSE:WES) to $43 from $41. It reiterated an Equal Weight rating on the shares. The firm also raised its 2026 and 2027 EBITDA estimates to reflect the Brazos deal and first-quarter results. Wells Fargo said it views the fully synergized multiple of 7.5 times as fair, citing earnings accretion, greater customer diversification, and increased exposure to the Delaware Basin.

On May 8, Stifel analyst Selman Akyol upgraded Western Midstream Partners to Buy from Hold. It also raised the price target on the stock to $46 from $42. The analyst said the company delivered a first-quarter earnings beat, while management commentary during the earnings call remained positive for the rest of 2026. Stifel said it sees “several tailwinds” for Western Midstream heading into 2027. These include accretion from the Brazos acquisition, the current commodity backdrop, accelerating commercial discussions, and the company’s new ventures group, which is exploring opportunities beyond the traditional midstream business.

Western Midstream Partners, LP (NYSE:WES) acquires, owns, develops, and operates midstream assets. Its operations include gathering, compressing, treating, processing, and transporting natural gas, as well as gathering, stabilizing, and transporting condensate, natural gas liquids, and crude oil. The company also handles produced water gathering and disposal.

While we acknowledge the potential of WES as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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