Here's How Much You Would Have Made Owning Hess Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Hess Corporation (NYSE: HES) has delivered an average annual return of 21.66%, outperforming the market by 9.59% on an annualized basis. A $1000 investment in HES stock five years ago would be worth $2,610.85 today. Hess currently has a market capitalization of $41.67 billion.
December 11, 2023 | 3:30 pm
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Hess Corporation has significantly outperformed the market with a 21.66% average annual return over the last 5 years, turning a $1000 investment into $2,610.85.
The historical performance of Hess Corporation is indicative of strong management and business operations. The significant outperformance compared to the market suggests that the company has been successful in its strategies and operations, which could continue to instill investor confidence in the short term. However, past performance is not always indicative of future results, and investors should consider current market conditions and future prospects.
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