If You Invested $1000 In This Stock 20 Years Ago, You Would Have $7,700 Today

Pioneer Natural Resources PXD has outperformed the market over the past 20 years by 2.58% on an annualized basis producing an average annual return of 10.74%. Currently, Pioneer Natural Resources has a market capitalization of $49.23 billion.

Buying $1000 In PXD: If an investor had bought $1000 of PXD stock 20 years ago, it would be worth $7,667.53 today based on a price of $207.21 for PXD at the time of writing.

Pioneer Natural 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.