Diamondback Energy FANG has outperformed the market over the past 10 years by 11.14% on an annualized basis producing an average annual return of 21.2%. Currently, Diamondback Energy has a market capitalization of $26.67 billion.
Buying $100 In FANG: If an investor had bought $100 of FANG stock 10 years ago, it would be worth $672.88 today based on a price of $146.62 for FANG at the time of writing.
Diamondback Energy’s Performance Over Last 10 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.