Pioneer Natural Resources PXD has outperformed the market over the past 15 years by 4.15% on an annualized basis producing an average annual return of 10.96%. Currently, Pioneer Natural Resources has a market capitalization of $52.86 billion.
Buying $1000 In PXD: If an investor had bought $1000 of PXD stock 15 years ago, it would be worth $4,703.49 today based on a price of $222.47 for PXD at the time of writing.
Pioneer Natural Resources's Performance Over Last 15 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.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.