If You Invested $1000 In Permian Resources Stock 5 Years Ago, You Would Have This Much Today

Permian Resources (NYSE:PR) has outperformed the market over the past 5 years by 12.54% on an annualized basis producing an average annual return of 24.79%. Currently, Permian Resources has a market capitalization of $18.01 billion.

Buying $1000 In PR: If an investor had bought $1000 of PR stock 5 years ago, it would be worth $3,000.69 today based on a price of $21.50 for PR at the time of writing.

Permian Resources’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.