Canadian Natural Res (NYSE:CNQ) has outperformed the market over the past 20 years by 5.65% on an annualized basis producing an average annual return of 13.15%. Currently, Canadian Natural Res has a market capitalization of $70.15 billion.
Buying $1000 In CNQ: If an investor had bought $1000 of CNQ stock 20 years ago, it would be worth $11,877.83 today based on a price of $64.52 for CNQ at the time of writing.
Canadian Natural Res’s Performance Over Last 20 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
