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$1000 Invested In This Stock 20 Years Ago Would Be Worth $14,000 Today

Canadian Natural Res (NYSE:CNQ) has outperformed the market over the past 20 years by 6.12% on an annualized basis producing an average annual return of 14.18%. Currently, Canadian Natural Res has a market capitalization of $63.63 billion.

Benzinga · 09/13/2022 12:12

Canadian Natural Res (NYSE:CNQ) has outperformed the market over the past 20 years by 6.12% on an annualized basis producing an average annual return of 14.18%. Currently, Canadian Natural Res has a market capitalization of $63.63 billion.

Buying $1000 In CNQ: If an investor had bought $1000 of CNQ stock 20 years ago, it would be worth $14,354.17 today based on a price of $55.12 for CNQ at the time of writing.

Canadian Natural Res's Performance Over Last 20 Years

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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.