EOG Resources (NYSE:EOG) has outperformed the market over the past 20 years by 5.75% on an annualized basis producing an average annual return of 13.25%. Currently, EOG Resources has a market capitalization of $63.70 billion.
Buying $1000 In EOG: If an investor had bought $1000 of EOG stock 20 years ago, it would be worth $12,092.32 today based on a price of $108.69 for EOG at the time of writing.
EOG Resources’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.