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NEW YORK ( TheStreet) -- Copano Energy (Nasdaq: CPNO) hit a new 52-week low Tuesday as it is currently trading at $26.50, below its previous 52-week low of $27.07 with 145,067 shares traded as of 9:50 a.m. ET. Average volume has been 254,300 shares over the past 30 days. Copano Energy has a market cap of $2 billion and is part of the basic materials sector and energy industry. Shares are down 16% year to date as of the close of trading on Monday. Copano Energy, L.L.C. provides midstream services to natural gas producers in the United States. The company's services comprise natural gas gathering, compression, dehydration, treating, marketing, transportation, processing, conditioning, and fractionation.