NEW YORK (

TheStreet

) --

EV Energy Partners

(Nasdaq:

EVEP

) hit a new 52-week high Wednesday as it traded at $45.10 compared with its previous 52-Week high of $44.99. EV Energy is changing hands at $45.10 with 72,639 shares traded as of 11:59 a.m. ET. Average volume has been 162,300 shares over the past 30 days.

EV Energy has a market cap of $1.4 billion and is part of the

basic materials

sector and

energy

industry. Shares are up 13.4% year to date as of the close of trading on Tuesday.

EV Energy Partners, L.P. engages in the acquisition, production, and development of oil and gas properties. The company has a P/E ratio of 11.6, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 23.2.

TheStreet Ratings rates EV Energy as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, expanding profit margins, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

EV Energy Ratings Report

.

See all

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