EV Energy Partner Stock Hits New 52-Week High (EVEP)

NEW YORK ( TheStreet) -- EV Energy Partner (Nasdaq: EVEP) hit a new 52-week high Monday as it is currently trading at $77.55, above its previous 52-week high of $76.93 with 171,146 shares traded as of 3:40 p.m. ET. Average volume has been 390,700 shares over the past 30 days.

EV Energy Partner has a market cap of $2.6 billion and is part of the basic materials sector and energy industry.

EV Energy Partners, L.P. engages in the acquisition, development, and production of oil and natural gas properties in the United States.
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TheStreet Ratings rates EV Energy Partner as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, increase in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full EV Energy Partner Ratings Report.

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