- The quiet period for SHLX, whose IPO debuted in late October, is scheduled to expire on November 24th.
- SHLX's pipeline systems link major offshore and onshore production regions with critical refining markets to major demand markets.
- Along with SHLX's growing revenues and net income, its upcoming (likely positive) analyst reports could boost the firm even higher; studies show returns of 2%-6% during this event period.
- We suggest investors consider buying in ahead of the quiet period expiration to take advantage of the forecasted short-term jump.
- Full analysis here.
SHLX Quiet Period Expires Today, 11.24
Analyst's Disclosure: The author is long SHLX.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.