Canadian Natural Res CNQ has outperformed the market over the past 20 years by 4.86% on an annualized basis producing an average annual return of 12.31%. Currently, Canadian Natural Res has a market capitalization of $67.84 billion.
Buying $100 In CNQ: If an investor had bought $100 of CNQ stock 20 years ago, it would be worth $1,070.84 today based on a price of $62.39 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.