NEW YORK (

TheStreet

) --

Complete Production Services

(NYSE:

CPX

) hit a new 52-week high Friday as it is currently trading at $39.78, above its previous 52-week high of $38.82 with 264,151 shares traded as of 9:35 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.

Complete Production Services has a market cap of $3 billion and is part of the

basic materials

sector and

energy

industry. Shares are up 28.6% year to date as of the close of trading on Thursday.

TheStreet Recommends

Complete Production Services, Inc. provides specialized completion and production services and products to develop hydrocarbon reserves for oil and gas companies primarily in North America and southeast Asia. The company has a P/E ratio of 23.5, below the average energy industry P/E ratio of 23.7 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Complete Production Services as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

Complete Production Services Ratings Report

.

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