NEW YORK (

TheStreet

) --

Ecopetrol S.A

(NYSE:

EC

) hit a new 52-week high Thursday as it is currently trading at $51.02, above its previous 52-week high of $51 with 5,087 shares traded as of 9:35 a.m. ET. Average volume has been 320,700 shares over the past 30 days.

Ecopetrol S.A has a market cap of $101.73 billion and is part of the

basic materials

sector and

energy

industry. Shares are up 13.9% year to date as of the close of trading on Wednesday.

Ecopetrol S.A. operates as an integrated oil company in Colombia, Peru, Brazil, and the U.S. Gulf Coast. The company engages in the exploration, development, and production of crude oil and natural gas. The company has a P/E ratio of 14, below the average energy industry P/E ratio of 24 and below the S&P 500 P/E ratio of 17.7.

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

TheStreet Ratings rates Ecopetrol S.A as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, robust revenue growth and expanding profit margins. 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

Ecopetrol S.A Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null