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NEW YORK ( TheStreet) -- EV Energy Partners (Nasdaq: EVEP) hit a new 52-week high Monday as it is currently trading at $62.82, above its previous 52-week high of $62 with 244,021 shares traded as of 12:40 p.m. ET. Average volume has been 315,200 shares over the past 30 days. EV Energy has a market cap of $2 billion and is part of the basic materials sector and energy industry. Shares are up 43.6% year to date as of the close of trading on Friday. EV Energy Partners, L.P. engages in the acquisition, development, and production of oil and natural gas properties in the United States. The company has a P/E ratio of 110.7, below the average energy industry P/E ratio of 115 and above the S&P 500 P/E ratio of 17.7.