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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) -- Enterprise Products Partners (NYSE: EPD) hit a new 52-week high Thursday as it is currently trading at $59.90, above its previous 52-week high of $59.89 with 622,158 shares traded as of 1:55 p.m. ET. Average volume has been 1.4 million shares over the past 30 days. Enterprise has a market cap of $53.62 billion and is part of the basic materials sector and energy industry. Shares are up 18.6% year to date as of the close of trading on Wednesday. Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products, and petrochemicals in the United States and internationally. The company has a P/E ratio of 22, above the S&P 500 P/E ratio of 17.7.