Devon Energy (NYSE:DVN) has outperformed the market over the past 5 years by 6.33% on an annualized basis producing an average annual return of 18.0%. Currently, Devon Energy has a market capitalization of $26.78 billion.
Buying $1000 In DVN: If an investor had bought $1000 of DVN stock 5 years ago, it would be worth $2,302.40 today based on a price of $43.17 for DVN at the time of writing.
Devon Energy’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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