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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) -- Noble Energy (NYSE: NBL) hit a new 52-week high Tuesday as it is currently trading at $117.64, above its previous 52-week high of $117.58 with 484,062 shares traded as of 3:05 p.m. ET. Average volume has been 953,000 shares over the past 30 days. Noble Energy has a market cap of $19.95 billion and is part of the basic materials sector and energy industry. Shares are up 13.6% year to date as of the close of trading on Monday. Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, production, and marketing of crude oil, natural gas, and natural gas liquids primarily in the United States, West Africa, and Eastern Mediterranean. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7.