$1000 Invested In This Stock 15 Years Ago Would Be Worth $12,000 Today

Pioneer Natural Resources PXD has outperformed the market over the past 15 years by 5.55% on an annualized basis producing an average annual return of 17.94%. Currently, Pioneer Natural Resources has a market capitalization of $62.52 billion.

Buying $1000 In PXD: If an investor had bought $1000 of PXD stock 15 years ago, it would be worth $12,407.74 today based on a price of $267.62 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.