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Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Halliburton Company (NYSE: HAL) hit a new 52-week high Friday as it is currently trading at $39.42, above its previous 52-week high of $39.19 with 10.8 million shares traded as of 10:06 a.m. ET. Average volume has been 10.4 million shares over the past 30 days. Halliburton has a market cap of $35.07 billion and is part of the basic materials sector and energy industry. Shares are up 9.3% year to date as of the close of trading on Thursday. Halliburton Company provides various products and services to the energy industry for exploring, developing, and producing oil and natural gas worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The company has a P/E ratio of 12.1, below the S&P 500 P/E ratio of 17.7.