$1000 Invested In Texas Pacific Land 15 Years Ago Would Be Worth This Much Today

Texas Pacific Land Trust +1.42%

Texas Pacific Land Trust

TPL

1412.80

+1.42%

Texas Pacific Land (NYSE:TPL) has outperformed the market over the past 15 years by 36.74% on an annualized basis producing an average annual return of 48.21%. Currently, Texas Pacific Land has a market capitalization of $27.06 billion.

Buying $1000 In TPL: If an investor had bought $1000 of TPL stock 15 years ago, it would be worth $356,348.57 today based on a price of $1177.93 for TPL at the time of writing.

Texas Pacific Land's Performance Over Last 15 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.

Every question you ask will be answered
Scan the QR code to contact us
whatsapp
Also you can contact us via