NEW YORK (

TheStreet

) --

Enterprise Products Partners

(NYSE:

EPD

) hit a new 52-week high Thursday as it is currently trading at $51.49, above its previous 52-week high of $51.24 with 32,256 shares traded as of 9:30 a.m. ET. Average volume has been 1.4 million shares over the past 30 days.

Enterprise has a market cap of $42.64 billion and is part of the

basic materials

sector and

energy

industry. Shares are up 10.3% year to date as of the close of trading on Wednesday.

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products, and petrochemicals in North America. The company has a P/E ratio of 21.3, below the average energy industry P/E ratio of 38.9 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Enterprise as a

buy

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, robust revenue growth, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Enterprise Ratings Report

.

See all

52-week high stocks

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