If You Invested $1000 In This Stock 20 Years Ago, You Would Have $8,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Pioneer Natural Resources (NYSE:PXD) has produced an average annual return of 10.8%, outperforming the market. A $1000 investment in PXD 20 years ago would be worth $7,951.68 today. The company's market capitalization currently stands at $53.94 billion.
December 04, 2023 | 6:30 pm
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Pioneer Natural Resources has shown strong long-term performance with an average annual return of 10.8% over the past 20 years, turning a $1000 investment into $7,951.68.
The historical performance of PXD is impressive, but past performance does not guarantee future results. The information is retrospective and may not have a direct short-term impact on the stock price. However, it reinforces the company's strong track record, which could positively influence investor perception.
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