Here's How Much $100 Invested In Diamondback Energy 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Diamondback Energy (NASDAQ:FANG) has outperformed the market by 3.15% on an annualized basis, producing an average annual return of 13.77%. If an investor had bought $100 of FANG stock 10 years ago, it would be worth $363.20 today. The company currently has a market capitalization of $27.06 billion.
August 30, 2023 | 9:00 pm
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Diamondback Energy has shown strong performance over the past decade, outperforming the market and providing an average annual return of 13.77%. An investment of $100 10 years ago would be worth $363.20 today.
The article highlights the strong performance of Diamondback Energy over the past 10 years, which has outperformed the market by 3.15% on an annualized basis. This strong performance indicates a positive outlook for the company's stock in the short term.
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IMPORTANCE 80
RELEVANCE 100