Here's How Much $1000 Invested In Murphy Oil 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Murphy Oil (NYSE:MUR) has outperformed the market over the past 5 years with an average annual return of 15.82%, resulting in a $1000 investment growing to $2,084.48. The article highlights the impact of compounded returns on investment growth.
August 29, 2024 | 2:31 pm
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Murphy Oil has delivered a strong performance over the past 5 years, with an average annual return of 15.82%, outperforming the market. A $1000 investment 5 years ago would now be worth $2,084.48.
The article highlights Murphy Oil's strong performance over the past 5 years, with returns exceeding the market average. This positive historical performance may boost investor confidence and interest in the stock, potentially driving the price up in the short term.
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