Texas Pacific Land (NYSE:TPL) has outperformed the market over the past 5 years by 23.76% on an annualized basis producing an average annual return of 37.98%. Currently, Texas Pacific Land has a market capitalization of $20.33 billion.
Buying $1000 In TPL: If an investor had bought $1000 of TPL stock 5 years ago, it would be worth $5,001.39 today based on a price of $884.74 for TPL at the time of writing.
Texas Pacific Land's Performance Over Last 5 Years
![1727811231_0.png](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20241002/44125978-0-73bd496625ec080ccf85f00839c7f648.png/big)
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.