Texas Pacific Land (NYSE:TPL) has outperformed the market over the past 15 years by 36.74% on an annualized basis producing an average annual return of 48.21%. Currently, Texas Pacific Land has a market capitalization of $27.06 billion.
Buying $1000 In TPL: If an investor had bought $1000 of TPL stock 15 years ago, it would be worth $356,348.57 today based on a price of $1177.93 for TPL at the time of writing.
Texas Pacific Land's Performance Over Last 15 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.
