NEW YORK (
) hit a new 52-week high Tuesday as it is currently trading at $60.52, above its previous 52-week high of $60.40 with 50,321 shares traded as of 9:55 a.m. ET. Average volume has been 658,500 shares over the past 30 days.
MarkWest Energy has a market cap of $4.85 billion and is part of the
industry. Shares are up 9% year to date as of the close of trading on Monday.
Markwest Energy Partners, L.P., together with its subsidiaries, engages in the gathering, processing, and transportation of natural gas. The company has a P/E ratio of 61.9, below the average energy industry P/E ratio of 64.2 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates MarkWest Energy as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. 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
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