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REAL-TIME GLOBAL RESEARCH

1Q: Better than expectations; crude supply comfortable, sourcing costs elevated

Published: 2026-07-23Institution: BofA Global ResearchPages: 11Original language: EnglishEvidence page: 7

Research evidence excerpt

1Q: Better than expectations; crude supply comfortable, sourcing costs elevated

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APR - Energy Coverage Cluster

Investment rating Company BofA Ticker Bloomberg symbol Analyst

BUY

China Shenhua CUAEF 1088 HK Matty Zhao

China Shenhua XCUAF 601088 CH Matty Zhao

COSL CHOLF 2883 HK Yiming Wang

COSL XCNRF 601808 CH Yiming Wang

Dongfang Electric DNGFF 1072 HK Peter Wang

Dongfang Electric XDNFF 600875 CH Peter Wang

Formosa Plastics FSAPF 1301 TT Sun Jung Lee

GAIL Limited XGLAF GAIL IN Bharat Subramanian

GAIL Limited GAILF GAID LI Bharat Subramanian

GS Holdings GSHDF 078930 KS Sun Jung Lee

Indorama Ventures Public Company Limited INDMF IVL TB Komsun Suksumrun

Indraprastha Gas XTNFF IGL IN Bharat Subramanian

Kehua Data XXLAF 002335 CH Matty Zhao

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