If You Invested $1000 In Occidental Petroleum Stock 5 Years Ago, You Would Have This Much Today

Occidental Petroleum (NYSE:OXY) has outperformed the market over the past 5 years by 4.09% on an annualized basis producing an average annual return of 15.52%. Currently, Occidental Petroleum has a market capitalization of $57.03 billion.

Buying $1000 In OXY: If an investor had bought $1000 of OXY stock 5 years ago, it would be worth $2,172.05 today based on a price of $57.82 for OXY at the time of writing.

Occidental Petroleum’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.