Occidental Petroleum (NYSE:OXY) has outperformed the market over the past 20 years by 1.06% on an annualized basis producing an average annual return of 7.76%. Currently, Occidental Petroleum has a market capitalization of $64.08 billion.
Buying $100 In OXY: If an investor had bought $100 of OXY stock 20 years ago, it would be worth $453.58 today based on a price of $68.37 for OXY at the time of writing.
Occidental Petroleum'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.
