Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Canadian Natural Res (NYSE:CNQ) has outperformed the market over the past 20 years by 4.85% on an annualized basis producing an average annual return of 12.67%. Currently, Canadian Natural Res has a market capitalization of $87.06 billion.
Buying $1000 In CNQ: If an investor had bought $1000 of CNQ stock 20 years ago, it would be worth $10,862.40 today based on a price of $81.29 for CNQ at the time of writing.
Canadian Natural Res'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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