AngloGold Ashanti benefiting from record gold prices, Halliburton faces challenges in energy services

From Nasdaq: 2025-02-03 08:19:00

Zacks Equity Research highlights AngloGold Ashanti plc as the Bull of the Day and Halliburton Co. as the Bear of the Day. AngloGold Ashanti is benefiting from record gold prices, with earnings expected to rise by 36.5% in 2025. Halliburton faces challenges in the soft North American energy services market, with declining earnings anticipated.

AngloGold Ashanti, a large cap gold mining company, operates in 11 countries across 4 continents. The acquisition of Centamin plc in 2024 added the Sukari gold mine in Egypt to its portfolio, boosting its exploration interests.

Despite missing on the Zacks Consensus in Q3, AngloGold Ashanti saw a 28% increase in the average price of gold received, leading to a 17-fold rise in free cash flow. Analysts have raised earnings estimates for 2024 and 2025, expecting significant growth.

Shares of AngloGold Ashanti have surged in 2025 as gold prices hit record highs, outperforming the Gold ETF. The company’s forward P/E ratio of 7.8 and dividend yield of 1.5% make it an attractive investment option for those seeking exposure to the gold mining sector.

Halliburton reported mixed results in Q4 2024, with a decline in North American revenue offset by growth in international revenue. Analysts have cut earnings estimates for 2025, reflecting a 10.7% decline from the previous year.

Halliburton’s shares have declined by 25.1% in the last 6 months, with a forward P/E ratio of 9.7. The company’s free cash flow generation and dividend yield of 2.6% provide some value, but the declining earnings outlook suggests caution for investors interested in energy services companies.



Read more at Nasdaq: AngloGold Ashanti and Halliburton have been highlighted as Zacks Bull and Bear of the Day