EOG Resources (NYSE:EOG) has outperformed the market over the past 20 years by 6.39% on an annualized basis.
Buying $1,000 In EOG: 20 years ago, an investor could have purchased 102.67 shares of EOG Resources at the time with $1,000. This investment in EOG would have produced an average annual return of 13.2%. Currently, EOG Resources has a market capitalization of $69.03 billion.
EOG Resources's Share Price Over Last 20 Years
This $1,000 investment would be worth $12,107.80 today based on a price of $117.91 for EOG at the time of writing.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
