NEW YORK ( TheStreet) -- Plains All American Pipeline (NYSE: PAA) hit a new 52-week high Monday as it is currently trading at $88.01, above its previous 52-week high of $88 with 203,982 shares traded as of 2:45 p.m. ET. Average volume has been 452,100 shares over the past 30 days. Plains All American Pipeline has a market cap of $13.87 billion and is part of the basic materials sector and energy industry. Shares are up 17.1% year to date as of the close of trading on Friday. Plains All American Pipeline, L.P., through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, refined products, and liquid petroleum gas (LPG) products in the United States and Canada. The company has a P/E ratio of 17.2, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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