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) -- ConocoPhillips (NYSE: COP) hit a new 52-week high Tuesday as it is currently trading at $63.06, above its previous 52-week high of $62.99 with 5.5 million shares traded as of 3:36 p.m. ET. Average volume has been 6.9 million shares over the past 30 days. ConocoPhillips has a market cap of $76.09 billion and is part of the basic materials sector and energy industry. Shares are up 7.3% year to date as of the close of trading on Monday. ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids on a worldwide basis. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7.