Dialog Group is among MIDF Research's top picks.
PETALING JAYA: Citing improving prospects, MIDF Research has upgraded its outlook for the oil and gas sector to “positive” from “neutral” previously.
“We upgrade to positive both the upstream sub-segment and downstream sub-segment. This is premised on sustained recovery trajectory in both demand and product prices. We anticipate that both sub-segments will benefit from the recent rally in oil price in terms of potential new contract awards following a more palatable oil price, ” MIDF Research said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
