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NEW YORK ( TheStreet) -- Sunoco Logistics Partners (NYSE: SXL) hit a new 52-week high Friday as it is currently trading at $41.19, above its previous 52-week high of $41.16 with 39,930 shares traded as of 12 p.m. ET. Average volume has been 260,600 shares over the past 30 days. Sunoco Logistics has a market cap of $1.21 billion and is part of the basic materials sector and energy industry. Shares are up 3.6% year to date as of the close of trading on Thursday. 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 15.8, above the average energy industry P/E ratio of 15.3 and below the S&P 500 P/E ratio of 17.7.