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Diamondback Energy FANG has outperformed the market over the past 10 years by 15.46% on an annualized basis producing an average annual return of 26.13%. Currently, Diamondback Energy has a market capitalization of $29.08 billion.
Buying $1000 In FANG: If an investor had bought $1000 of FANG stock 10 years ago, it would be worth $9,908.48 today based on a price of $163.49 for FANG at the time of writing.
Diamondback Energy’s Performance Over Last 10 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.