Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

$1000 Invested In This Stock 5 Years Ago Would Be Worth This Much

Northern Oil & Gas (NYSE:NOG) has outperformed the market over the past 5 years by 48.5% on an annualized basis producing an average annual return of 62.4%. Currently, Northern Oil & Gas has a market capitalization of $2.27 billion.

Buying $1000 In NOG: If an investor had bought $1000 of NOG stock 5 years ago, it would be worth $11,987.76 today based on a price of $29.37 for NOG at the time of writing.

Northern Oil & Gas's Performance Over Last 5 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.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.