NEW YORK (

TheStreet

) --

Anadarko Petroleum

(NYSE:

APC

) hit a new 52-week high Wednesday as it is currently trading at $88.29, above its previous 52-week high of $88.21 with 1.3 million shares traded as of 11:39 a.m. ET. Average volume has been 3.6 million shares over the past 30 days.

Anadarko has a market cap of $39.33 billion and is part of the

basic materials

sector and

energy

industry. Shares are up 14% year to date as of the close of trading on Tuesday.

Anadarko Petroleum Corporation engages in the oil and gas exploration and production, midstream, and marketing activities primarily in the United States, the deepwater of the Gulf of Mexico, and Algeria.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Anadarko as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full

Anadarko Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null