Energy shares are mixed in pre-market, while crude oil futures
are down $105 per barrel.
Light, sweet crude oil for September delivery is down $1.00 at
$105.94 per barrel. In other energy futures, heating oil is down
$0.04 at $3.03 a gallon while natural gas is down $0.01 at $3.34
per million British thermal units.
, the United States Oil Fund (
) is down 0.82% at $37.63. The United States Natural Gas ETF (
) is up 0.11% at $17.74.
In other energy news, Resolute Energy (
) reported Q2 GAAP earnings of $0.14 per share, versus the Capital
IQ GAAP consensus of $0.04. Revenues were $89.1 million, versus the
analyst estimate of $91.3 million.
In the same period last year, the company reported EPS of $0.37
on revenues of $55.3 million. Production for the quarter increased
39% to 1,193 MBoe as compared to 858 MBoe during the same quarter
of 2012. Shares closed at $8.71 with a 52-week range of $7.41 -
Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.