Here's How Much $100 Invested In Diamondback Energy 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Diamondback Energy (NASDAQ:FANG) has outperformed the market over the past 5 years, with an average annual return of 15.65%. A $100 investment in FANG 5 years ago would now be worth $204.41, highlighting the power of compounded returns.
August 21, 2024 | 9:30 pm
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Diamondback Energy has shown strong performance over the past 5 years, with an average annual return of 15.65%, outperforming the market. A $100 investment 5 years ago would now be worth $204.41.
The article highlights Diamondback Energy's strong performance over the past 5 years, with returns surpassing the market average. This positive historical performance is likely to boost investor confidence and could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100