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NEW YORK ( TheStreet) -- Cheniere Energy Partners (AMEX: CQP) hit a new 52-week high Tuesday as it is currently trading at $25.43, above its previous 52-week high of $25 with 266,676 shares traded as of 12:40 p.m. ET. Average volume has been 306,500 shares over the past 30 days. Cheniere Energy has a market cap of $710 million and is part of the basic materials sector and energy industry. Shares are up 31.6% year to date as of the close of trading on Monday. Cheniere Energy Partners, L.P., through its subsidiary, Sabine Pass LNG, L.P., owns and operates the Sabine Pass liquefied natural gas (LNG) terminal located in western Cameron Parish, Louisiana on the Sabine Pass Channel. The company has a P/E ratio of 79.1, above the average energy industry P/E ratio of 18.6 and above the S&P 500 P/E ratio of 17.7.