NEW YORK ( TheStreet) -- Kinder Morgan Energy Partners (NYSE: KMP) hit a new 52-week high Tuesday as it is currently trading at $90.07, above its previous 52-week high of $90 with 498,652 shares traded as of 11:50 a.m. ET. Average volume has been 621,200 shares over the past 30 days. Kinder Morgan Energy has a market cap of $20.39 billion and is part of the basic materials sector and energy industry. Shares are up 5.5% year to date as of the close of trading on Friday. Kinder Morgan Energy Partners, L.P. owns and manages energy transportation and storage assets. The company has a P/E ratio of 358.4, below the average energy industry P/E ratio of 551.9 and above the S&P 500 P/E ratio of 17.7.
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