Dialog enters recovery year driven by midstream recurring income

MBSB Research noted the midstream segment was a key driver of the quarter’s improvement, as higher tank storage occupancy contributed positively to earnings.

PETALING JAYA: Analysts expect Dialog Group Bhd’s near-term outlook to be firmly constructive as its financial year 2026 (FY26) is shaping up as a recovery period driven by its midstream recurring-income base and a stabilising downstream execution profile.

Maybank Investment Bank (IB) Research said:“We like Dialog for its recurring income portfolio and cash flow stability from its midstream tank terminal assets. Dialog remains our top pick for the sector.”