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© Reuters. Here’s How Much You Would Have Made Owning Cenovus Energy Stock In The Last 5 Years
Benzinga – by Benzinga Insights, Benzinga Staff Writer.
Cenovus Energy (NYSE:CVE) has outperformed the market over the past 5 years by 2.18% on an annualized basis producing an average annual return of 14.9%. Currently, Cenovus Energy has a market capitalization of $30.65 billion.
Buying $100 In CVE: If an investor had bought $100 of CVE stock 5 years ago, it would be worth $203.25 today based on a price of $16.28 for CVE at the time of writing.
Cenovus Energy’s Performance Over Last 5 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.
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