ETFs: Energy to become mega theme on rising US grid demands

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Renewable Energy,Investment Opportunity,Eli Horton

As the world moves towards renewable energy, simultaneously making massive investments in AI infrastructure which demands a gargantuan amount of power to run...

As the world moves towards renewable energy, simultaneously making massive investments in AI infrastructure which demands a gargantuan amount of power to run, certain investment opportunities should be on the radar for investors for the long term."We are really starting to see the beginning of what we consider a mega theme or a transformative investment opportunity in the transformation of our energy system.

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CALGARY — Suncor Energy Inc. says it earned $1.61 billion in the first three months of 2024, down from $2.05 billion a year earlier. The Calgary-based energy giant says its first-quarter earnings amount to $1.25 per common share, compared with $1.54 in the first quarter of 2023. On an adjusted basis, Suncor says its operating earnings of $1.82 billion in the first quarter of 2024 were comparable to $1.81 billion in the prior year's quarter.

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