Phillips 66 (NYSE:PSX) has outperformed the market over the past 5 years by 7.8% on an annualized basis producing an average annual return of 17.92%. Currently, Phillips 66 has a market capitalization of $75.20 billion.
Buying $100 In PSX: If an investor had bought $100 of PSX stock 5 years ago, it would be worth $227.38 today based on a price of $187.66 for PSX at the time of writing.
Phillips 66’s Performance Over Last 5 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.
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