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Eog Resources (EOG) – If You Invested $1000 In This Stock 20 Years Ago, You Would Have $14,000 Today – Stocks to Watch
  • Fri. May 17th, 2024

Eog Resources (EOG) – If You Invested $1000 In This Stock 20 Years Ago, You Would Have $14,000 Today

ByBenzinga Insights

Sep 1, 2022
Eog Resources (EOG) – If You Invested $1000 In This Stock 20 Years Ago, You Would Have $14,000 Today

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EOG Resources EOG has outperformed the market over the past 20 years by 6.38% on an annualized basis producing an average annual return of 13.9%. Currently, EOG Resources has a market capitalization of $69.94 billion.

Buying $1000 In EOG: If an investor had bought $1000 of EOG stock 20 years ago, it would be worth $13,817.66 today based on a price of $119.35 for EOG at the time of writing.

EOG Resources’s Performance Over Last 20 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.

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