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NEW YORK ( TheStreet) -- Anadarko Petroleum (NYSE: APC) hit a new 52-week high Tuesday as it is currently trading at $85.53, above its previous 52-week high of $85.50 with 2.9 million shares traded as of 11 a.m. ET. Average volume has been 3.6 million shares over the past 30 days. Anadarko has a market cap of $39.33 billion and is part of the basic materials sector and energy industry. Shares are up 8.6% year to date as of the close of trading on Monday. Anadarko Petroleum Corporation engages in the oil and gas exploration and production, midstream, and marketing activities primarily in the United States, the deepwater of the Gulf of Mexico, and Algeria.