EOG Resources, an energy company, has consistently exceeded the market’s performance over the past two decades. Its annualized return of 12.71% has surpassed the market’s average by 4.94%. Consequently, EOG Resources’ market capitalization has reached $77.36 billion.
An investment of $1000 in EOG Resources 20 years ago would have grown to $10,688.49 today. This significant increase highlights the power of compounding returns, illustrating how even modest investments can grow substantially over time. It serves as a reminder of the importance of long-term investing for financial growth.
