If You Invested $1000 In This Stock 20 Years Ago, You Would Have $11,000 Today
Portfolio Pulse from Benzinga Insights
EOG Resources (NYSE:EOG) has delivered an average annual return of 12.76% over the past 20 years, outperforming the market by 5.23% annually. A $1000 investment in EOG 20 years ago would be worth $11,101 today. EOG's market cap stands at $72.19 billion, highlighting the significant growth and the power of compounded returns over time.
December 01, 2023 | 4:00 pm
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EOG Resources has significantly outperformed the market with a 12.76% average annual return over 20 years, turning a $1000 investment into $11,101 today.
The positive historical performance data of EOG Resources over the past 20 years is likely to instill confidence in investors, potentially leading to a short-term positive sentiment. However, past performance is not always indicative of future results, and investors may also consider other current market conditions and company fundamentals before making investment decisions.
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