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NEW YORK ( TheStreet) -- Ecopetrol S.A (NYSE: EC) hit a new 52-week high Wednesday as it is currently trading at $57.57, above its previous 52-week high of $57.37 with 79,983 shares traded as of 9:49 a.m. ET. Average volume has been 320,700 shares over the past 30 days. Ecopetrol S.A has a market cap of $101.73 billion and is part of the basic materials sector and energy industry. Shares are up 27.3% year to date as of the close of trading on Tuesday. Ecopetrol S.A. operates as an integrated oil company in Colombia, Peru, Brazil, and the U.S. Gulf Coast. The company engages in the exploration, development, and production of crude oil and natural gas. The company has a P/E ratio of 15.7, below the average energy industry P/E ratio of 24 and below the S&P 500 P/E ratio of 17.7.