$1000 Invested In Marathon Petroleum 15 Years Ago Would Be Worth This Much Today
Benzinga Insights 1 day ago
Trading IdeasNews
Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 15 years by 10.8% on an annualized basis producing an average annual return of 23.37%. Currently, Marathon Petroleum has a market capitalization of
Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 15 years by 10.8% on an annualized basis producing an average annual return of 23.37%. Currently, Marathon Petroleum has a market capitalization of $129.83 billion.
Buying $1000 In MPC: If an investor had bought $1000 of MPC stock 15 years ago, it would be worth $22,853.55 today based on a price of $435.00 for MPC at the time of writing.
Marathon Petroleum’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.