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NEW YORK ( TheStreet) -- VAALCO Energy (NYSE: EGY) hit a new 52-week high Friday as it is currently trading at $9.28, above its previous 52-week high of $9.22 with 342,425 shares traded as of 10:45 a.m. ET. Average volume has been 580,600 shares over the past 30 days. VAALCO Energy has a market cap of $363.3 million and is part of the basic materials sector and energy industry. Shares are up 45.7% year to date as of the close of trading on Thursday. VAALCO Energy, Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas. The company has a P/E ratio of 14.8, above the average energy industry P/E ratio of 11 and below the S&P 500 P/E ratio of 17.7.