$1000 invested in Diamondback Energy 10 years ago would be worth it…

$1000 invested in Diamondback Energy 10 years ago would be worth it…

Facebook
Twitter
LinkedIn

Diamondback Energy CATCH has outperformed the market by 14.07% on an annualized basis over the past 10 years and has produced a compound annual return of 24.57%. Diamondback Energy currently has a market cap of $27.26 billion.

Purchase of $1000 in FANG: If an investor bought $1,000 worth of FANG stock 10 years ago, it would be worth it $9,000.59 today based on a price of $153.28 for FANG at the time of writing.

Diamondback Energy’s performance over the last 10 years

Finally – what is all this? The most important takeaway to take from this article is how much of a difference compound returns can make in your cash growth over a period of time.

This article was created by Benzinga’s automated content engine and reviewed by an editor.

[ad_2]

Source story

More to explorer