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

ديفون إنرجي كورب +1.85%

Devon Energy Corporation

DVN

49.49

+1.85%

Devon Energy (NYSE:DVN) has outperformed the market over the past 5 years by 5.3% on an annualized basis producing an average annual return of 18.4%. Currently, Devon Energy has a market capitalization of $25.08 billion.

Buying $1000 In DVN: If an investor had bought $1000 of DVN stock 5 years ago, it would be worth $2,368.77 today based on a price of $38.99 for DVN at the time of writing.

Devon Energy's Performance Over Last 5 Years

comp_fig

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.