Pioneer Natural Resources (NYSE:PXD) has outperformed the market over the past 15 years by 4.25% on an annualized basis producing an average annual return of 10.42%. Currently, Pioneer Natural Resources has a market capitalization of $53.21 billion.
Buying $1000 In PXD: If an investor had bought $1000 of PXD stock 15 years ago, it would be worth $4,464.07 today based on a price of $219.91 for PXD at the time of writing.
Pioneer Natural Resources’s Performance Over Last 15 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.
