NEW YORK ( TheStreet) -- Sunoco Logistics Partners (NYSE: SXL) hit a new 52-week high Tuesday as it is currently trading at $94.99, above its previous 52-week high of $94.90 with 7,035 shares traded as of 10:35 a.m. ET. Average volume has been 82,600 shares over the past 30 days.

Sunoco Logistics has a market cap of $3.1 billion and is part of the basic materials sector and energy industry. Shares are up 13.4% year to date as of the close of trading on Monday.

Sunoco Logistics Partners L.P. engages in the transport, terminalling, and storage of refined products and crude oil, as well as the purchase and sale of crude oil in the United States. The company has a P/E ratio of nine, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
  • Practice your SXL trading strategies and win cash in our stock game.

TheStreet Ratings rates Sunoco Logistics as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, robust revenue growth, attractive valuation levels and notable return on equity. 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 Sunoco Logistics Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.