$100 Invested In Texas Pacific Land 10 Years Ago Would Be Worth This Much Today
Texas Pacific Land (TPL) has significantly outperformed the market over the past decade, achieving an annualized return of 53.78%, which is 44.19% higher than the market average. With a current market capitalization of $29.85 billion, an investment of $100 in TPL stock 10 years ago would now be valued at $7,330.05, highlighting the impact of compounded returns on investment growth.
Texas Pacific Land TPL has outperformed the market over the past 10 years by 44.19% on an annualized basis producing an average annual return of 53.78%. Currently, Texas Pacific Land has a market capitalization of $29.85 billion.
Buying $100 In TPL: If an investor had bought $100 of TPL stock 10 years ago, it would be worth $7,330.05 today based on a price of $1298.64 for TPL at the time of writing.
Texas Pacific Land'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.
