Here's How Much You Would Have Made Owning Pioneer Natural Resources Stock In The Last 20 Years

Pioneer Natural Resources PXD has outperformed the market over the past 20 years by 6.17% on an annualized basis.

Buying $1,000 In PXD: 20 years ago, an investor could have purchased 48.24 shares of Pioneer Natural Resources at the time with $1,000. This investment in PXD would have produced an average annual return of 12.99%. Currently, Pioneer Natural Resources has a market capitalization of $59.50 billion.

Pioneer Natural Resources's Share Price Over Last 20 Years

If you had invested $1,000 in Pioneer Natural Resources you would have approximately $11,813.56 today.

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.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.