Here's How Much $100 Invested In Canadian Natural Res 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Canadian Natural Resources (NYSE:CNQ) has produced an average annual return of 12.31%, outperforming the market. A $100 investment in CNQ 20 years ago would be worth $1,070.84 today. The company's current market capitalization is $67.84 billion.
December 11, 2023 | 9:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Canadian Natural Resources (CNQ) has delivered a strong average annual return of 12.31% over the past 20 years, turning a $100 investment into $1,070.84.
The historical performance of CNQ is indicative of its strong growth over the past two decades. This track record may instill confidence in investors, potentially leading to a positive short-term impact on the stock price as it highlights the company's long-term value creation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100