Here's How Much $100 Invested In Devon Energy 5 Years Ago Would Be Worth Today
Devon Energy (NYSE:DVN) has outperformed the market over the past 5 years by 8.86% on an annualized basis producing an average annual return of 23.49%. Currently, Devon Energy has a market capitalization of $20.95 billion.
Buying $100 In DVN: If an investor had bought $100 of DVN stock 5 years ago, it would be worth $292.81 today based on a price of $32.56 for DVN at the time of writing.
Devon Energy's Performance Over Last 5 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.
Posted-In: BZI-PODNews Trading Ideas