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.
In other energy news, Resolute Energy ( REN ) 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 - $11.56.
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