NEW YORK (

TheStreet

) --

Kinder Morgan Energy Partners

(NYSE:

KMP

) hit a new 52-week high Friday as it traded at $73.09 compared with its previous 52-Week high of $73.08. Kinder Morgan Energy is changing hands at $73.08 with 322,622 shares traded as of 3:11 p.m. ET. Average volume has been 601,100 shares over the past 30 days.

Kinder Morgan Energy has a market cap of $15.7 billion and is part of the

basic materials

sector and

energy

industry. Shares are up 2.9% year to date as of the close of trading on Thursday.

Kinder Morgan Energy Partners, L.P. owns and manages energy transportation and storage assets in North America. The company has a P/E ratio of 51.4, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates Kinder Morgan Energy as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, expanding profit margins, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Kinder Morgan Energy Ratings Report

.

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