NEW YORK ( TheStreet) -- Duncan Energy Partners (NYSE: DEP) hit a new 52-week high Monday as it is currently trading at $41.22, above its previous 52-week high of $41.21 with 59,953 shares traded as of 2:54 p.m. ET. Average volume has been 133,600 shares over the past 30 days.

Duncan Energy has a market cap of $2.4 billion and is part of the basic materials sector and energy industry. Shares are up 25.9% year to date as of the close of trading on Thursday.

Duncan Energy Partners L.P. engages in gathering, transporting, marketing, and storing natural gas, as well as in transporting and storing natural gas liquids (NGLs) and petrochemicals in the United States. The company has a P/E ratio of 26.4, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 16.7.
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TheStreet Ratings rates Duncan Energy as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, good cash flow from operations and growth in earnings per share. 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 Duncan Energy Ratings Report.

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