NEW YORK ( TheStreet) -- Marathon Oil Corporation (NYSE: MRO) hit a new 52-week high Tuesday as it traded at $52.38 compared with its previous 52-Week high of $50.56. Marathon Oil is changing hands at $51.81 with 184,970 shares traded as of 9:32 a.m. ET. Average volume has been 7.7 million shares over the past 30 days. Marathon Oil has a market cap of $34.5 billion and is part of the basic materials sector and energy industry. Shares are up 34% year to date as of the close of trading on Monday. Marathon Oil Corporation, through its subsidiaries, engages in the exploration, refining, marketing, and transportation of liquid hydrocarbons, natural gas, crude oil, and other petroleum products worldwide. The company has a P/E ratio of 13.3, below the average energy industry P/E ratio of 13.5 and below the S&P 500 P/E ratio of 21.8. TheStreet Ratings rates Marathon Oil as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Marathon Oil Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.