Here's How Much $100 Invested In Pioneer Natural Resources 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Pioneer Natural Resources (NYSE:PXD) has produced an average annual return of 17.13%, outperforming the market by 4.94% on an annualized basis. A $100 investment in PXD 15 years ago would be worth $1,021.25 today, showcasing the impact of compounded returns on cash growth over time. Pioneer Natural Resources currently has a market capitalization of $63.76 billion.
April 29, 2024 | 8:00 pm
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Pioneer Natural Resources has shown significant growth over the past 15 years, with a $100 investment growing to $1,021.25, reflecting an average annual return of 17.13%.
The substantial growth in investment value over 15 years, significantly outperforming the market, indicates a strong and stable performance by Pioneer Natural Resources. This historical performance, coupled with a large market capitalization, suggests a positive outlook for PXD in the short term, assuming market conditions remain favorable and the company continues its growth trajectory.
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