Pioneer Natural Resources (NYSE:PXD) has outperformed the market over the past 20 years by 3.03% on an annualized basis producing an average annual return of 10.65%. Currently, Pioneer Natural Resources has a market capitalization of $47.13 billion.
Buying $1000 In PXD: If an investor had bought $1000 of PXD stock 20 years ago, it would be worth $7,812.86 today based on a price of $201.65 for PXD at the time of writing.
Pioneer Natural 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.
