NEW YORK ( TheStreet) -- Petrohawk Enery (NYSE: HK) hit a new 52-week high Thursday as it is currently trading at $38.71, above its previous 52-week high of $38.64 with six million shares traded as of 1:45 p.m. ET. Average volume has been 15.9 million shares over the past 30 days. Petrohawk Enery has a market cap of $11.7 billion and is part of the basic materials sector and energy industry. Shares are up 111.6% year to date as of the close of trading on Wednesday. Petrohawk Energy Corporation engages in the exploration, development, and production of natural gas properties located in the United States. The company has interests in various properties located in North Louisiana, East Texas, and South Texas. The company has a P/E ratio of 67.6, below the average energy industry P/E ratio of 385.3 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Petrohawk Enery as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and disappointing return on equity. You can view the full Petrohawk Enery Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.