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Here's How Much $100 Invested In Permian Resources 5 Years Ago Would Be Worth Today

Author: Benzinga Insights | August 27, 2024 02:30pm

Permian Resources (NYSE:PR) has outperformed the market over the past 5 years by 10.32% on an annualized basis producing an average annual return of 24.41%. Currently, Permian Resources has a market capitalization of $10.04 billion.

Buying $100 In PR: If an investor had bought $100 of PR stock 5 years ago, it would be worth $296.78 today based on a price of $14.30 for PR at the time of writing.

Permian Resources's Performance Over Last 5 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.

Posted In: PR

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