Texas Pacific Land (NYSE: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.
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.