REAL-TIME GLOBAL RESEARCH
Infrastructure Weekly: North American Midstream & Renewable Energy Infrastructure | North America
Research evidence excerpt
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M
Foundation
August 17, 2026 11:02 PM GMT
North American Midstream & Renewable Energy
Infrastructure | North America
Morgan Stanley & Co. LLC
Robert S Kad
Equity Analyst
Infrastructure Weekly
Devin McDermott
Equity Analyst and Commodities Strategist
Joy Golub
Research Associate
What’s Changed
Oneok Inc. (OKE.N)
From
To
Price Target
$103.00
$105.00
Price Target
$99.00
$103.00
$333.00
$343.00
David Arcaro, CFA
Equity Analyst
Targa Resources Corp. (TRGP.N)
Price Target
Research Associate
Williams Companies Inc (WMB.N)
Victoria Xiong, CFA
Joe Laetsch, CFA
Equity Analyst
Clearway Energy Inc (CWEN.N)
Price Target
$60.00
Enterprise Products LP (EPD.N)
Price Target
$40.00
$41.00
$23.00
$25.00
• The Week in Review & Brief Notes
HA Sustainable Infrastructure (HASI.N)
Price Target
$57.00
$60.00
$64.00
$70.00
$25.00
$26.00
• Infrastructure Sector Estimates
• Midstream Energy Infrastructure Valuation
Plains GP Holdings, L.P. (PAGP.O)
Price Target
• Infrastructure Sector Comps
• Infrastructure Sector Ratings & Price Targets
Plains All American Pipeline LP (PAA.O)
Price Target
• Infrastructure Company & Industry News
• Infrastructure Sector Weekly Performance
Kinetik Holdings Inc (KNTK.N)
Price Target
Midstream Energy Infrastructure
North America
Industry View
Attractive
Energy Transfer LP (ET.N)
Price Target
$58.00
$26.00
$28.00
$82.00
$76.00
$51.00
$55.00
• Midstream Energy Infrastructure Fundamentals
Scorpio Tankers Inc. (STNG.N)
Price Target
Western Midstream Partners LP (WES.N)
Price Target
We believe announcement of another Permian Basin natural gas
pipeline FID is further affirmation of a sharper than appreciated
trajectory for basin associated gas production growth and
strongly suggestive of future positive EBITDA estimate revisions
for TRGP and KNTK, in particular.
Key Takeaways
WhiteWater reached a positive FID on the Solitude Pipeline, a 4.5 Bcf/d natural
gas pipeline connecting the Permian Basin with Katy, Texas in 2029-30.
Phillips 66, KMI, and HF Sinclair reached final investment decision on the $5bn
Western Gateway Pipeline.
…
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