New York natives Mary J. Blige and Nas will join forces to co-headline a tour across North America this summer, Live Nation announced on Tuesday.
The queen of hip-hop soul and legendary rapper will be performing in 22 cities, making stops in Boston, Atlanta, Houston and more. While this is the first time the pair will be touring together, they are not strangers to collaborating musically.
In 1997, Blige teamed up with Nas for their single “Love Is All We Need” from her third album, Share My World. They reunited in 2012 for the track “Reach Out” off of Nas’ eleventh LP, Life is Good. Blige has also co-headlined tours with rappers Jay-Z and Maxwell.
Produced by Live Nation, the upcoming tour will kick off July 11 at Coral Sky Amphitheater in West Palm Beach, Fla.
Citi card members will be able to purchase presale tickets starting April 17 at 12 p.m local time. Tickets will be available to the general public on April 19 at 10 a.m local time on livenation.com.
Check out the tour dates, below.
July 11 – West Palm Beach FL @ Coral Sky Amphitheater at the S. Florida Fairgrounds
July 13 – Tampa, FL @ Midflorida Credit Union Amphitheater
July 16 – Atlanta, GA @ Candace Bank Amphitheater at Chastain Park
July 20 – Atlantic City, NJ @ Hard Rock Live at Etess Arena
July 21 – Virginia Beach, VA @ Veterans United Home Loans Amphitheater
July 24 – Charlotte, NC @ PNC Music Pavilion
July 25 – Raleigh, NC @ Coastal Credit Union Music Park at Walnut Creek
July 28 – Detroit, MI @ DTE Energy Music Theatre
July 31 – St. Louis, MO @ Hollywood Casino Amphitheater
August 2 – Houston, TX @ The Cynthia Woods Mitchell Pavillion
August 3 – Austin, TX @ Austin360 Amphitheater
August 6 – Kansas City, MO @ Starlight Theatre
August 9 – Phoenix, AZ @ Ak-Chin Pavilion
August 14 – San Francisco, CA @ Shoreline Amphitheater
August 20 – Albuquerque, NM @ Isleta Ampitheater
August 22 – Dallas, TX @ Dos Equis Pavilion
August 25 – Tuscaloosa, AL @ Toscaloosa Amphitheater
August 31 – Syracuse, NY @ St. Joeseph’s Health Amphitheater
September 1 – Boston, MA @ Xfinity Center
September 10 – Toronto, ON @ Budweiser Stage
Halliburton, the second-largest oilfield services provider, is expected to publish its Q1 2019 results on April 22. This note discusses Trefis’ expectations, as well as consensus estimates, for the company’s earnings.
What to expect from Halliburton in Q1 2019?
- Consensus earnings expectations stand at ~ $0.22 per share, marking a 45% decline year
- Consensus revenue expectations of $5.5 billion represent a slight year-over-year decline
What trends will drive the company’s results?
- Halliburton is likely to underperform in the North American market (which accounted for ~60% of 2018 revenue), although international operations will fare better.
- Average North American rig count over the quarter down 1% year-over-year, versus growth of 6% in international rig count
- While crude oil prices also saw a modest recovery over the quarter, it is unlikely to have benefited results.
Why Is North America expected to underperform?
- In the on-shore U.S. market, operators are looking to align investments to their cash flows, likely reducing oilfield services spending.
- Operators could be focusing on spending on the inventory of drilled but uncompleted wells, reducing drilling-related activity.
- Pipeline capacity in the Permian – the largest U.S. shale basin – is likely to remain a constraint until H2’19, weighing on activity in the region.
- There has also been a meaningful decline in Canadian activity, with the average rig count down 30% year-over-year.
What about international markets?
- Weather-related seasonality and the roll-off of higher-margin year-end product/software sales will result in a sequential decline in international revenue.
- However, there could be a year-over-year improvement, driven by rising activity in markets such as Africa and the Asia Pacific
- Moreover, equipment availability is expected to be tightening, potentially helping pricing.
View our interactive dashboard analysis on What’s Driving Our Price Estimate For Halliburton. You can change key drivers to arrive at your own price estimate for the company. In addition, you can see all our data for Energy Companies here.
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