Kinder Morgan Energy Reaches New 52-Week High (KMP)

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) -- Kinder Morgan Energy Partners (NYSE: KMP) hit a new 52-week high Friday as it is currently trading at $91.08, above its previous 52-week high of $91.07 with 180,827 shares traded as of 9:55 a.m. ET. Average volume has been 918,100 shares over the past 30 days.

Kinder Morgan Energy has a market cap of $22.56 billion and is part of the basic materials sector and energy industry. Shares are up 12.8% year to date as of the close of trading on Thursday.

Kinder Morgan Energy Partners, L.P. operates as a pipeline transportation and energy storage company in North America. The company has a P/E ratio of 54.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Kinder Morgan Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, increase in net income, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Kinder Morgan Energy Ratings Report.

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