MarkWest Energy Stock Hits New 52-Week High (MWE)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Monday as it is currently trading at $53.83, above its previous 52-week high of $53.07 with 31,647 shares traded as of 9:41 a.m. ET. Average volume has been 511,900 shares over the past 30 days.
MarkWest Energy has a market cap of $4.5 billion and is part of the
sector and
industry. Shares are up 22.4% year to date as of the close of trading on Friday.
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 53.9, below the average energy industry P/E ratio of 59.5 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
MarkWest Energy Ratings Report
.
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