最新ニュース Suncor Energy (NYSE:SU) 株価情報

Suncor Energy

Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil production, petroleum refining in Canada and the U.S., and the company's Petro-Canada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, and renewable fuels. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. The company's operating segments include Oil Sands, Exploration and Production, and Refining and Marketing. Geographically, the company generates a majority of its revenue from Canada.

Suncor Energy Inc

SHOULDERUP TECH ACQ A by ShoulderUp Technology Acquisition Corp.

ShoulderUp Technology Acquisition Corp

ShoulderUp Technology Acquisition Corp Units (1 Ord Class A & 1/3 War)

ShoulderUp Technology Acquisition Corp Warrants (17/11/2026)

GLOBAL FERRONICKEL by Global Ferronickel Holdings Inc.

Global Ferronickel Holdings Inc

iShares Short-Term National Muni Bond ETF

SUBURBAN MINERALS CORP by Suburban Minerals Corp.

Suburban Minerals Corp

Subsea 7 SA

SUMITOMO OSAKA CEMENT by Sumitomo Osaka Cement Co., Ltd.

Sumitomo Osaka Cement Co Ltd

Studsvik AB

Suedzucker AG

SPIELVEREINIGUNG UNTEHCNG by SPIELVEREINIGUNG UNTERHACHING FU BALL GMBH & CO.

Spielvgg Unterhaching KGaA

OPHIR RESOURCES CO by Ophir Resources Co.

Ophir Resources Co

SURUGA BANK LTD UNSP/ADR by Suruga Bank Ltd.

Suruga Bank Ltd

Sucro Ltd bordinate Voting Share

SU Group Holdings Limited - Ordinary Shares

SU Group Holdings Ltd

Sucro Ltd

SUN HUNG KAI PPTYS ORD by Sun Hung Kai Properties Ltd.

Sun Hung Kai Properties Ltd

SUN HUNG KAI PY LTD S/ADR by Sun Hung Kai Properties Ltd.

Sun Communities Inc

Sui - United States dollar

SUBSTRATE ARTIFICIAL INTL by Substrate Artificial Inteligence S.A.

Substrate Artificial Inteligence SA

SUBSTRATE ARTIFICI INTL B by Substrate Artificial Inteligence S.A.

SUIC WORLDWIDE HOLDINGS by SUIC Worldwide Holdings Ltd

SUIC Worldwide Holdings Ltd

SUPERIOR MINING INTL ORD by Superior Mining International Corp.

Superior Mining International Corp

SUKU - United States dollar

SULLIDEN MNG CAP INC by Sulliden Mining Capital Inc.

Sulliden Mining Capital Inc

Sunlight Financial Holdings Inc Warrants (30/11/2025)

Sulzer AG

Summit Materials, Inc. Class A Common Stock

Summit Materials Inc

SUMCO Corp

SUMMER ENERGY HLDGS INC by Summer Energy Holdings, Inc.

Summer Energy Holdings Inc

SUMITOMO SEIKA CHEMICALS by Sumitomo Seika Chemicals Co. Ltd.

Sumitomo Seika Chemicals Co Ltd

Supremex Inc

Sunoco LP Common Units representing limited partner interests

Sunoco LP

Sun 

SUNCAST SOLAR ENERGY INC by Suncast Solar Energy, Inc.

Suncast Solar Energy Inc

SUNDANCE STRATEGIES INC by Sundance Strategies Inc.

Sundance Strategies Inc

SUNation Energy Inc

SUN LFE FNCL PFD A SER 8R by Sun Life Financial Inc.

Sun Life Financial Inc

Xuhang Holdings Ltd

Sunlight Financial Holdings Inc Ordinary Shares - Class A

SUN PEAK METALS CORP by SUN PEAK METALS CORP.

Sun Peak Metals Corp

SUN SPORTS & ENTMT by Sun Sports and Entertainment, Inc.

Sunrise Realty Trust, Inc. - Common Stock

Sunrise Realty Trust Inc

Sunrise Realty Trust Inc COM WHEN ISSUED

SUNCORP TECHS LTD NEW by SunCorp Technologies Ltd.

SunCorp Technologies Ltd

Sunworks Inc

SUNSHINE OILSANDS LTD NEW by Sunshine Oilsands Ltd

Sunshine Oilsands Ltd

SAHA-UNION PUBLIC CO by Saha-Union Public Co Ltd.

SUOXINDA HOLDINGS LTD by SUOXINDA HOLDINGS LTD.

Ruihe Data Technology Holdings Ltd

Superior Industries International, Inc. Common Stock (DE)

Superior Industries International Inc

Superbag Co Ltd

SUPALAI PCL NVDR by Supalai Public Co., Ltd.

Supalai PCL

SuperVerse - United States dollar

Superior Gold Inc

SUPER STRONG HLDGS LTD by SUPER STRONG HLDGS LTD.

SUPERMARKET INCOME REIT by SUPERMARKET INCOME REIT PLC

ProShares Trust ProShares Supply Chain Logistics ETF

Supernus Pharmaceuticals, Inc. - Common Stock

Supernus Pharmaceuticals Inc

TCW Transform Supply Chain ETF

Grupo Supervielle S.A. American Depositary Shares each Representing five Class B shares

Grupo Supervielle SA

SUMITOMO RLTY&DEV CO LTD by Sumitomo Realty & Development Co., Ltd.

Sumitomo Realty & Development Co Ltd

AdvisorShares Insider Advantage ETF

inSure DeFi

Surgepays Inc

Simplify Exchange Traded Funds Simplify Propel Opportunities ETF

SURENANO SCIENCE LTD by SureNano Science Ltd.

SureNano Sciences Ltd

SUN ART RETAIL GP LTD ORD by Sun Art Retail Group Ltd.

Sun Art Retail Group Ltd

SUN ART RETAIL UNSP/ADR by Sun Art Retail Group Ltd.

Suntec Real Estate Investment Trust

SUMITOMO RLTY UNSP/ADR by Sumitomo Realty & Development Co., Ltd.

iShares MSCI USA ESG Select ETF

iShares ESG Aware 1-5 Year USD Corporate Bond ETF

iShares ESG Aware USD Corporate Bond ETF

sUSD

Ethena Staked USDe - United States Dollar

Sushi - United States dollar

SUSHIDOWN - United States Dollar

SUSHIUP - United States Dollar

iShares ESG MSCI USA Leaders ETF

SURGICAL SCINCE SWEDN NEW by Surgical Science Sweden AB

Surgical Science Sweden AB

suterusu

SUTIMCO INTL INC by SUTIMCo International, Inc.

SUTIMCo International Inc

SUTL ENTERPRISE LTD by SUTL ENTERPRISE LTD.

SUTL Enterprise Ltd

SUMITOMO MITSUI TR S/ADR by Sumitomo Mitsui Trust Group, Inc.

Sumitomo Mitsui Trust Group Inc

SUB-URBAN BRANDS INC by Sub-Urban Brands, Inc.

STRATHMORE PLUS URANIUM by STRATHMORE PLUS URANIUM CORP.

Strathmore Plus Uranium Corp

Whales with a lot of money to spend have taken a noticeably bearish stance on Suncor Energy.
Looking at options history for Suncor Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SU#NYSE">SU</a>) we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 10% of the investors opened trades with bullish expectations and 90% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $198,000 and 6, calls, for a total amount of $537,638.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $15.0 to $42.0 for Suncor Energy over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Suncor Energy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Suncor Energy's substantial trades, within a strike price spectrum from $15.0 to $42.0 over the preceding 30 days.
<h3>Suncor Energy Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1736280980_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$27.1</td>
<td>$22.5</td>
<td>$22.5</td>
<td>$15.00</td>
<td>$227.2K</td>
<td align="right">255</td>
<td>101</td>
</tr>
<tr>
<td>SU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$23.85</td>
<td>$22.6</td>
<td>$22.65</td>
<td>$15.00</td>
<td>$115.5K</td>
<td align="right">255</td>
<td>203</td>
</tr>
<tr>
<td>SU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$5.05</td>
<td>$4.9</td>
<td>$4.91</td>
<td>$35.00</td>
<td>$98.4K</td>
<td align="right">765</td>
<td>201</td>
</tr>
<tr>
<td>SU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$3.6</td>
<td>$3.55</td>
<td>$3.6</td>
<td>$42.00</td>
<td>$54.0K</td>
<td align="right">0</td>
<td>2.4K</td>
</tr>
<tr>
<td>SU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$3.6</td>
<td>$3.55</td>
<td>$3.6</td>
<td>$42.00</td>
<td>$54.0K</td>
<td align="right">0</td>
<td>2.4K</td>
</tr>
</tbody>
</table>

<h3>About Suncor Energy</h3>
Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil production, petroleum refining in Canada and the U.S., and the company's Petro-Canada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, and renewable fuels. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. The company's operating segments include Oil Sands, Exploration and Production, and Refining and Marketing. Geographically, the company generates a majority of its revenue from Canada.
After a thorough review of the options trading surrounding Suncor Energy, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Suncor Energy</h3>
<ul>
<li>Trading volume stands at 3,488,834, with SU's price up by 3.72%, positioned at $38.34.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 43 days.</li>
</ul>
<h3>What The Experts Say On Suncor Energy</h3>
2 market experts have recently issued ratings for this stock, with a consensus target price of $66.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Reflecting concerns, an analyst from RBC Capital lowers its rating to Outperform with a new price target of $66. 
&#x2A; An analyst from RBC Capital has revised its rating downward to Outperform, adjusting the price target to $66. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Suncor Energy with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Markets

Decoding Suncor Energy's Options Activity: What's the Big Picture?

WIIM

CGBS

STNG

VIST

Shares of oil and gas companies are trading higher after President-elect Donald Trump said that he will reverse President Biden's ban on offshore drilling. Also, natural gas rose on cold weather forecasts.

RBC Capital analyst Greg Pardy reiterates Suncor Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SU#NYSE">SU</a>) with a Outperform and maintains $66 price target.

News

Price Target

Reiteration

Analyst Ratings

RBC Capital Reiterates Outperform on Suncor Energy, Maintains $66 Price Target

Canadian Prime Minister Justin Trudeau, who has been in power for nearly 10 years, announced his resignation Monday.
Trudeau said he will step down after the Liberal Party selects its new leader and said the Parliament will be suspended until March 24.
"I care deeply about this country and I will always be motivated by what is in the best interests of Canadians. And the fact is, despite best efforts to work through it, Parliament has been paralyzed for months after what has been the longest session of a minority Parliament in Canadian history," he said. 
<h2 class="wp-block-heading">Canada Stocks To Watch With Trump Tariff Threats, Trudeau Exit On Horizon </h2>
U.S.-traded stocks of major Canadian companies, particularly in the financial and energy sectors, could experience volatility due to this political upheaval. Mexico, Canada and China — the three countries U.S. President-elect Donald Trump has targeted for tariffs — are the U.S.'s top three trading partners.
Canadian banking institutions traded in the U.S. include the : Royal Bank of Canada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RY#NYSE">RY</a>), Toronto-Dominion Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TD#NYSE">TD</a>), Bank of Montreal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMO#NYSE">BMO</a>) and the Canadian Imperial Bank of Commerce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CM#NYSE">CM</a>).
Energy companies could also be affected by the political upheaval in Canada: they include e Enbridge Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENB#NYSE">ENB</a>), TC Pipelines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRP#NYSE">TRP</a>), Suncor Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SU#NYSE">SU</a>) and Canadian Natural Resources Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNQ#NYSE">CNQ</a>).
In the tech sector, Ottawa-based Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) is trading up 3.7%.
Trudeau's announcement comes shortly after the resignation of Finance Minister Chrystia Freeland, who <a href="https://www.benzinga.com/news/global/24/12/42520833/trudeaus-government-loses-a-top-negotiator-ahead-of-trumps-second-term">stepped down</a> in mid-December due to disagreements with Trudeau&#8217;s spending proposals. Freeland, who also served as deputy prime minister, left the cabinet because she believed Trudeau was not taking adequate measures to prepare for a <a href="https://www.benzinga.com/news/global/24/12/42475000/if-trump-starts-a-trade-war-canada-could-impose-export-taxes-on-oil-uranium-report">potential trade war</a> with Washington.
Canadian ETFs likely to be affected by this political firestorm, according to <a href="https://www.benzinga.com/money/etf-canada">Benzinga Pro</a>, include <a href="https://www.benzinga.com/quote/BBCA" target="_blank" rel="noreferrer noopener">JPMorgan BetaBuilders Canada ETF</a> (BATS:<a class="ticker" href="https://www.benzinga.com/stock/BBCA#BATS">BBCA</a>) which is trading up 0.9%; the iShares MSCI Canada ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWC#NYSE">EWC</a>), up 0.79%; SPDR Solactive Canada ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZCAN#NYSE">ZCAN</a>), up 0.88%; and Invesco CurrencyShares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXC#NYSE">FXC</a>), up 0.59%. The <a href="https://www.benzinga.com/quote/FLCA" target="_blank" rel="noreferrer noopener">Franklin FTSE Canada ETF</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLCA#NYSE">FLCA</a>) is trading 0.95% higher midday Monday.
Now Read:
<ul>
<li><a href="https://www.benzinga.com/25/01/42813324/trumps-universal-tariff-plans-take-shape-analysts-expect-stronger-for-longer-greenback#google_vignette">Trump&#8217;s Universal Tariff Plans Take Shape, Analysts Expect &#8216;Stronger For Longer&#8217; Greenback</a></li>
</ul>
Photo: Shutterstock.

Government

Specialty ETFs

Politics

Economics

ETFs

BBCA

FLCA

SHOP

ZCAN

Justin Trudeau Will Step Down As Canada Faces Tension Over Trump Tariffs

JP Morgan analyst John M Royall highlighted key trends for the North American Integrated Oils sector entering 2025, with updates on forecasts, price targets, and ratings on major companies.
Rating/Price Target Update:
<ul>
<li>The analyst maintained an Overweight rating and a price target of $125 on Exxon Mobil Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>), citing its defensive characteristics in downside scenarios and portfolio of high-value projects in both <a href="https://www.benzinga.com/quote/xom/analyst-ratings" target="_blank" rel="noreferrer noopener">upstream and downstream operations</a>.</li>
<li>JP Morgan remains &#8216;Not Rated&#8217; on Chevron Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) due to its involvement in the HES acquisition.</li>
<li>Also, Royall reiterated the Overweight rating on Cenovus Energy Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVE#NYSE">CVE</a>), viewing it as a unique execution story with the most <a href="https://www.benzinga.com/quote/cve/analyst-ratings" target="_blank" rel="noreferrer noopener">attractive valuation in the coverage group</a>.</li>
<li>The analyst downgraded the rating for Imperial Oil Limited (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IMO#AMEX">IMO</a>) to Underweight from Neutral, citing its low free cash flow yield and free cash flow to <a href="https://www.benzinga.com/quote/imo/analyst-ratings" target="_blank" rel="noreferrer noopener">enterprise value ratios for 2025-2026</a>.</li>
<li>Apart from this, the analyst maintained Neutral rating on Canadian Natural Resources Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNQ#NYSE">CNQ</a>) and Suncor Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SU#NYSE">SU</a>).</li>
</ul>
Sector View: Brent crude is expected to average ~$70/bbl in 2025, down from ~$80/bbl+ in 2024 YTD, driven by global supply growth outpacing demand, adds the analyst.
Royall says downstream performance is likely to remain below mid-cycle, with refined product supply and demand growing in tandem.
The analyst upholds an $80/bbl long-term crude price deck and mid-cycle crack spreads for 2026+, while forecasting ~$70/bbl Brent with flat spreads in 2025.
The analyst writes that defensive positioning should dominate in 2026, favoring U.S. companies with stronger free cash flow, balance sheets, and capital returns compared to Canadian peers.
With crude price scenarios ranging +/-$10/bbl around the base case, the downside case of $70/bbl Brent aligns with current strip prices, underscoring downside risks beyond 2026. Consequently, Royall prioritizes defensive names and companies with unique re-rating opportunities for 2025.
Macro Forecasts Update: The analyst updated the macro forecasts and models since the post-earnings review. The fourth-quarter Brent price deck remains at $75/bbl, in line with quarter-to-date levels and the strip, while the 2025 price deck stays at $70/bbl, consistent with J.P. Morgan&#8217;s outlook.
Royall says that higher Western Canadian Select prices and improved downstream cracks have driven a 9% increase in his fourth-quarter EPS estimates.
For 2025, EPS estimates are raised by 8%, also supported by stronger WCS prices. Despite these adjustments, the projections are 3% below Street estimates for fourth quarter and 27% lower for 2025, reflecting the conservative crude price assumptions and refining outlook, adds the analyst.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/global/24/12/42300450/trump-told-trudeau-canada-could-avoid-tariffs-by-becoming-51st-state-a-look-at-sectors-trade-war-could-impact" target="_blank" rel="noreferrer noopener">Trump Told Trudeau Canada Could Dodge Tariffs As 51st State: Which Sectors Could Be Hit</a></li>
</ul>
Photo via Shutterstock.

Analyst Color

Equities

Large Cap

Mid Cap

Upgrades

Downgrades

Trading Ideas

Defensive Oil Stocks To Watch In 2025 Amid $70 Brent Forecast: JP Morgan

<ul>
<li>Growth in upstream consistent with plan to add over 100,000 bbls/d between 2023 and 2026</li>
<li>Increased refinery utilization reflecting stronger asset performance and market position</li>
<li>Lower oil sands costs driven by productivity improvements</li>
<li>Disciplined capital program with select high quality strategic investments</li>
<li>Financial performance aligned with May 2024 Investor Day commitments</li>
</ul>

Guidance

Commodities

General

Suncor Energy Released Its 2025 Corporate Guidance Including Growing Annual Upstream Production To 810,000 To 840,000 bbl/Day As Well As Increased Annual Refining Utilization Of 93% To 97%, Reflecting The Sustainability Of The Higher Performance Achieved Throughout 2024

Suncor Energy released its 2025 corporate guidance today including growing annual upstream production to 810,000 to 840,000 bbls/d as well as increased annual refining utilization of 93% to 97%, both reflecting the sustainability of the higher performance achieved throughout 2024.

Suncor Energy Says Financial Performance Aligned With May 2024 Investor Day Commitments; Growth In Upstream Consistent With Plan To Add Over 100,000 bbls/d Between 2023 And 2026

Most people associate AI investing with semiconductors like Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) or cloud giants like Microsoft Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>). But beneath the surface, there's a less obvious story: the immense power required <a href="https://www.benzinga.com/topic/artificial-intelligence">to support this innovation.</a>
As U.S. power demand is projected to surge at an annual rate of 2.5%, a $7 trillion investment windfall is on the horizon fueled by the sweeping infrastructure overhaul required to sustain AI breakthroughs, digital asset mining, and next-generation mobility innovations.
In an exclusive interview with Benzinga on Thursday, Maurits Pot, CEO and co-founder of Tema ETFs, introduced the newly launched Tema Electrification ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOLT#NYSE">VOLT</a>), the world's first fund dedicated to the infrastructure powering modern technology.
<h3 class="wp-block-heading">Why Power Demand Is Surging</h3>
The U.S. power grid has been largely neglected for decades, but the electrification era is creating a surge in electricity consumption that hasn't been seen since the 1990s. 
Several megatrends are at play:
<ol>
<li>AI is energy-hungry: AI data centers consume seven times more power than traditional facilities, according to Tema ETFs. With generative AI and machine learning applications proliferating, power requirements are expected to soar. </li>
<li>Aging infrastructure: Approximately 70% of U.S. transmission and distribution (T&amp;D) lines are over 25 years old—past their recommended lifespan. Without upgrades, the grid may be unable to meet demand.</li>
<li>Supply deficits are coming: The U.S. could face a 40 gigawatt power shortfall by 2030, equivalent to 40 nuclear plants or 100 gas-fired turbines.</li>
</ol>
&#8220;We think this electrification trend is massive,&#8221; Pot said, adding, &#8220;the opportunity lies on the expansion of power capacity needed to meet rising demand for AI, mobility and other things.&#8221;
<h3 class="wp-block-heading">What Sets VOLT Apart?</h3>
Pot explained that VOLT is the first ETF to span the full electrification value chain, offering exposure to companies across five categories: generation, transmission, grid equipment, electrification services, and applications. 
Here's a closer look at some of the key names in the portfolio:
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Category</th>
<th>Portfolio Holding</th>
<th>Investment Rationale</th>
</tr>
</thead>
<tbody>
<tr>
<td>Generation</td>
<td>GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>)</td>
<td>The U.S.'s largest manufacturer of gas turbines is sold out until 2028.</td>
</tr>
<tr>
<td>Transmission</td>
<td>Nexans</td>
<td>Supplies high-voltage cables to modernize aging T&amp;D lines in the U.S.</td>
</tr>
<tr>
<td>Grid Equipment</td>
<td>Hubbell Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBB#NYSE">HUBB</a>)</td>
<td>Builds critical electrical grid infrastructure expected to grow at 2x GDP.</td>
</tr>
<tr>
<td>Electrification Services</td>
<td>Quanta Services Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PWR#NYSE">PWR</a>)</td>
<td>Modernizes grid networks and connects new energy sources to the system.</td>
</tr>
<tr>
<td>Applications</td>
<td>Vertiv Holdings LLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>) </td>
<td>Produces data center cooling systems, with the market growing 13–15% annually.</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">Bitcoin, Crypto And the Hidden Digital Asset Demand Story</h3>
According to Pot, the growth of the digital asset industry is an underrated source of upside risks to U.S. power demand needs in the upcoming years.
 &#8220;Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining is very energy intensive,&#8221; Pot stated. 
<h3 class="wp-block-heading">Current VOLT Portfolio Positioning</h3>
Here's a breakdown of the fund's current portfolio positioning as of Dec. 4, 2024:
Regional Exposure: North America dominates the portfolio with 80.91% allocation, while Europe accounts for 16.57% of the exposure.
Market Cap Breakdown: The portfolio focuses on large-cap companies, which comprise 64.80% of the holdings, followed by mid-cap companies at 24.54%. Small-cap stocks represent 8.14% of the fund. There are no mega-cap stocks, defined as those with a market capitalization of over $200 billion.
Power Allocation:
<ul>
<li>Power Generation accounts for 23.55%, split into conventional energy at 12.85% and renewables at 10.70%.</li>
<li>Grid Management is the largest allocation at 44.39%, including 24.53% for &#8220;before the meter&#8221; infrastructure and 19.86% for &#8220;after the meter&#8221; services.</li>
<li>End-Use Applications make up 29.54%, further divided into 13.15% for products and 16.39% for services.</li>
</ul>
<h3 class="wp-block-heading">Top 10 Holdings </h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>% of NAV</th>
</tr>
</thead>
<tbody>
<tr>
<td>Bel Fuse, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELB#NASDAQ">BELB</a>)</td>
<td>5.10%</td>
</tr>
<tr>
<td>Nexans SA </td>
<td>5.08%</td>
</tr>
<tr>
<td>GE Vernova, Inc.</td>
<td>5.03%</td>
</tr>
<tr>
<td>Hubbell, Inc. </td>
<td>5.01%</td>
</tr>
<tr>
<td>Quanta Services, Inc. </td>
<td>4.88%</td>
</tr>
<tr>
<td>Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>)</td>
<td>4.15%</td>
</tr>
<tr>
<td>Vertiv Holdings Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>)</td>
<td>4.09%</td>
</tr>
<tr>
<td>ABB Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABB#NYSE">ABB</a>)</td>
<td>4.05%</td>
</tr>
<tr>
<td>Schneider Electric SE (EPA: SU)</td>
<td>4.04%</td>
</tr>
<tr>
<td>Eaton Corp. PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>)</td>
<td>4.03%</td>
</tr>
</tbody>
</table>
</figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42344440/teslas-path-to-400-bank-of-america-highlights-ev-ai-growth">Tesla&#8217;s Path To $400: Bank Of America Highlights EV, AI Growth</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

New ETFs

Global

Econ #s

Exclusives

Tech

Interview

$BTC

BELB

HUBB

MSFT

NVDA

POWL

VOLT

EXCLUSIVE: VOLT ETF Taps $7 Trillion Electrification Boom Fueled By AI Power Demand

President-elect Donald Trump and Canadian Prime Minister Justin Trudeau&#8216;s meeting last week about planned tariffs on Canada was said to be productive, but it could put several Canadian sectors <a href="https://www.benzinga.com/general/market-summary/24/11/42212364/trumps-tariff-threat-to-canada-may-disrupt-oil-markets-inflate-prices-would-likely-raise-the-price-of-fuels-says-analyst">on high alert.</a>
What Happened: Trudeau flew to Mar-a-Lago to <a href="https://www.benzinga.com/media/24/11/42252924/canadian-pm-justin-trudeau-warns-trumps-25-tariff-plan-will-hurt-americans-at-high-stakes-dinner">meet with Trump</a>, and the two political leaders ate dinner and discussed several key topics before Trump's January inauguration.
The meeting took place after Trump promised to impose 25% tariffs on Canada when he was sworn into office.
Trudeau told Trump the tariffs would hurt Canada's economy, according to sources at the dinner table, <a href="https://www.foxnews.com/politics/trump-suggests-canada-become-51st-state-after-trudeau-said-tariff-would-kill-economy-sources">per </a>Fox News.
The tariffs are being placed on Canada and Mexico due to illegal immigrants and illegal drugs flowing from those countries to the United States.
Sources said Trump was direct regarding his conversation with Trudeau, telling the Canadian leader that his country has failed to protect the border. Trump also wants to eliminate the trade deficit with Canada, estimated to be around $100 billion, according to the sources.
"So your country can't survive unless it's ripping off the US to the tune of $100 billion?" Trump reportedly said to Trudeau about the trade deficit.
The report said that if Canada can't survive with the requirements of protecting the border and fixing the trade deficit, Trump suggested that the neighboring country could become the 51st state instead.
Trudeau and others at the table nervously laughed at the suggestion, with Trump reportedly adding that the title of prime minister is better than governor. As the meeting concluded, talks between Trump and Trudeau were said to have been "very positive."
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent120324">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Why It's Important: The report said Trump told Trudeau he expected changes to be made ahead of his January inauguration, or the tariffs would be placed on Canada on his first day in office.
A tariff on Canada could impact several sectors, including some of the top exporters to the United States. Crude oil, petroleum gas, vehicles, car parts, machinery, turbines, plastics, pharmaceuticals, metals and agricultural products are among the top exported items from Canada to America, as <a href="https://www.washingtonpost.com/business/2024/11/26/what-us-imports-canada-mexico-china-trump-tariffs/">reported </a>by the Washington Post.
Large Canadian oil companies Suncor Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SU#NYSE">SU</a>), Enbridge (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENB#NYSE">ENB</a>), Canadian Natural Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNQ#NYSE">CNQ</a>) and TC Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRP#NYSE">TRP</a>) could face significant impacts from the tariffs and a potential blow to the sector.
Railway company Canadian Pacific Kansas City Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CP#NYSE">CP</a>) and trucking companies Old Dominion Freight Line (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>) and Knight-Swift Transportation Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) could also be impacted by the tariffs and the negative impact on trade between the United States and Canada.
Canadian ETFs like the iShares MSCI Canada Index Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWC#NYSE">EWC</a>), JPMorgan BetaBuilders Canada ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/BBCA#BATS">BBCA</a>), Franklin FTSE Canada ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLCA#NYSE">FLCA</a>) and Invesco CurrencyShares Canadian Dollar Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXC#NYSE">FXC</a>) could also be impacted by the potential trade war.
Canada is the second-largest trade partner with the United States, with $418 billion in goods imported from Canada in 2023 and $354 billion in goods exported to the country.
Goldman Sachs economists predict that Canada's gross domestic product<a href="https://www.benzinga.com/24/12/42291861/trumps-tariff-plan-risks-economic-pain-for-north-america-goldman-sachs-warns" target="_blank" rel="noopener"> could decline</a> by as much as 4% if Trump&#8217;s 25% tariff plan is enacted. The plan could also hurt the U.S. GDP, the analysis said.
"A large increase in tariffs on North American imports would entail significant economic costs, particularly for Canada and Mexico," Goldman Sachs economists said.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/global/24/11/42220682/trump-tariffs-on-mexico-could-affect-beer-why-your-modelo-corona-could-cost-more-next-year">Trump Tariffs On Mexico Could Affect Beer: Why Your Modelo, Corona Could Cost More Next Year</a></li>
</ul>
Photo: Shutterstock

ODFL

Trump Told Trudeau Canada Could Dodge Tariffs As 51st State: Which Sectors Could Be Hit

Suncor Energy Says Shortly After 11:00 a.m. On Nov. 26, Sarnia Refinery Experienced Operational Issue In One Of Its Units; In Process Of Restoring Unit To Normal Operating State, Visible Plume, Potential Odor May Have Been Detected Beyond Sarnia Refinery Fence Line

FANG

TRGP

Shares of oil and gas companies are trading lower following reports suggesting an Israel-Hezbollah ceasefire.

Suncor Energy shares are trading higher after Raymond James raised its price target from $52 to $56 and National Bank raised its price target from $73 to $76 on the stock.

Desjardins analyst Chris MacCulloch upgrades Suncor Energy (TSX:<a class="ticker" href="https://www.benzinga.com/stock/SU#TSX">SU</a>) from Hold to Buy and announces C$66 price target.

TSX:SU

Desjardins Upgrades Suncor Energy to Buy, Announces C$66 Price Target

RBC Capital analyst Greg Pardy maintains Suncor Energy (TSX:<a class="ticker" href="https://www.benzinga.com/stock/SU#TSX">SU</a>) with a Outperform and raises the price target from C$64 to C$66.

Comments

Suncor Energy

ニュース

最新ニュース Suncor Energy (NYSE:SU) 株価情報

ニュース

パートナーシップ

ベンジンガ・グローバル