If You Invested $1000 In This Stock 5 Years Ago, You Would Have This Much Today

Occidental Petroleum OXY has outperformed the market over the past 5 years by 7.83% on an annualized basis producing an average annual return of 21.55%. Currently, Occidental Petroleum has a market capitalization of $39.52 billion.

Buying $1000 In OXY: If an investor had bought $1000 of OXY stock 5 years ago, it would be worth $2,844.88 today based on a price of $40.26 for OXY at the time of writing.

Occidental Petroleum's Performance Over Last 5 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.