EV Energy Partners Stock prices rose july 18 2011

EV Energy Partners Stock prices rose july 18 2011 : EV Energy Partners (Nasdaq:EVEP) hit a new 52-week high Monday as it is currently trading at $62.82, above its previous 52-week high of $62 with 244,021 shares traded as of 12:40 p.m. ET. Average volume has been 315,200 shares over the past 30 days.

EV Energy has a market cap of $2 billion and is part of the basic materials sector and energy industry. Shares are up 43.6% year to date as of the close of trading on Friday.

EV Energy Partners, L.P. engages in the acquisition, development, and production of oil and natural gas properties in the United States. The company has a P/E ratio of 110.7, below the average energy industry P/E ratio of 115 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates EV Energy as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, expanding profit margins, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. For the latest updates PRESS CTR + D or visit Stock Market news Today

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