Here's How Much You Would Have Made Owning Canadian Natural Res Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Canadian Natural Resources (NYSE:CNQ) has delivered an average annual return of 12.33%, outperforming the market by 4.96% annually. A $1000 investment in CNQ 20 years ago would be worth $10,149.20 today. The company's current market capitalization stands at $71.36 billion.
January 09, 2024 | 7:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Canadian Natural Resources (CNQ) has significantly outperformed the market with a 12.33% average annual return over the past 20 years, with a current market cap of $71.36 billion.
The historical performance of CNQ is a strong indicator of the company's solid growth and its ability to deliver consistent returns over a long period. This track record is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price as it highlights the company's success and could attract more long-term investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100