Range Resources (NYSE:RRC) has outperformed the market over the past 20 years by 3.83% on an annualized basis producing an average annual return of 10.95%. Currently, Range Resources has a market capitalization of $8.08 billion.
Buying $1000 In RRC: If an investor had bought $1000 of RRC stock 20 years ago, it would be worth $7,864.80 today based on a price of $30.75 for RRC at the time of writing.
Range Resources's Performance Over Last 20 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.
