Stifel Raises Western Midstream (WES) Price Target Following Strong Q3 and Aris Integration

Core Insights - Western Midstream Partners, LP (NYSE:WES) is recognized as one of the 15 Extreme Dividend Stocks to Buy According to Hedge Funds [1] - Stifel analyst raised the price target for WES from $41 to $43 following strong Q3 results and the successful integration of Aris Water Solutions [2] - The company reported record natural gas throughput in the Delaware Basin and projected $40 million in annual synergy savings from the Aris acquisition [3] Financial Performance - WES expects to reach the upper end of its previously guided 2025 adjusted EBITDA range of $2.35 billion to $2.55 billion, with an estimated contribution of $45 million to $50 million from Aris in Q4 [4] - The revised price target reflects the firm's 2026 outlook, factoring in the Aris acquisition [2] Strategic Developments - The completion of the Aris Water Solutions acquisition is seen as a key step in strengthening WES's position as a leading three-stream midstream provider [3] - Integration of Aris is progressing well, contributing positively to the company's operational capabilities [3]