KUALA LUMPUR: Dialog Group Bhd's upstream earnings are expected to strengthen following the commencement of gas production at the Salbiah field and the planned development of the Fatimah field.
RHB Research said both developments would strengthen Dialog's upstream production base and diversify its earnings streams.
"The Salbiah field should provide a full-year production contribution in the financial year 2028, while the Fatimah field represents an additional longer-term growth driver, subject to its development schedule and first-gas timeline.
"The two developments also reinforce the group's strategy of expanding across the upstream, midstream, and downstream segments of the energy value chain while building a more diversified base of recurring income," it said.
