Chevron CVX has outperformed the market over the past 20 years by 1.0% on an annualized basis producing an average annual return of 8.63%. Currently, Chevron has a market capitalization of $331.30 billion.
Buying $100 In CVX: If an investor had bought $100 of CVX stock 20 years ago, it would be worth $516.13 today based on a price of $172.64 for CVX at the time of writing.
Chevron’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.