FPL
Price:
$7.76
Market Cap:
$181.95M
The First Trust New Opportunities MLP & Energy Fund operates as a closed-end balanced mutual fund, jointly overseen by First Trust Advisors L.P. and Energy Income Partners LLC. This U.S.-domiciled fund, established on October 15, 2013, primarily allocates capital across American public equity and fixed-income markets. Its investment mandate focuses on enterprises within the energy and utilities sectors. Specifically, the portfolio predominantly consists of equity and debt instruments issued by Master Limited Partnerships (MLPs) and associated organizations, complemented by dividend-yielding growth stocks from other energy and utility corporations. The fund measures its performance against a ...[Read more]
Industry
Asset Management
IPO Date
2014-03-27
Stock Exchange
NYSE
Ticker
FPL
According to First Trust New Opportunities MLP & Energy Fund’s latest financial reports and current stock price. The company's current PE Ratio is 15.84. This represents a change of 230.74% compared to the average of 4.79 of the last 4 quarters.
The mean historical PE Ratio of First Trust New Opportunities MLP & Energy Fund over the last ten years is 4.31. The current 15.84 PE Ratio has changed 36.66% with respect to the historical average. Over the past ten years (40 quarters), FPL's PE Ratio was at its highest in in the April 2023 quarter at 6.49. The PE Ratio was at its lowest in in the October 2018 quarter at -14.42.
Average
4.31
Median
4.09
Minimum
-28.44
Maximum
42.54
Discovering the peaks and valleys of First Trust New Opportunities MLP & Energy Fund PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 835.83%
Maximum Annual PE Ratio = 42.54
Minimum Annual Increase = -397.47%
Minimum Annual PE Ratio = -28.44
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | 11.72 | 113.95% |
| 2022 | 5.48 | 102.25% |
| 2021 | 2.71 | -397.47% |
| 2020 | -0.91 | -109.25% |
| 2019 | 9.84 | -250.17% |
| 2018 | -6.55 | -115.41% |
| 2017 | 42.54 | -249.54% |
| 2016 | -28.44 | 835.83% |
| 2015 | -3.04 | -131.19% |
The current PE Ratio of First Trust New Opportunities MLP & Energy Fund (FPL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
6.64
5-year avg
5.77
10-year avg
4.31
First Trust New Opportunities MLP & Energy Fund’s PE Ratio is greater than The New America High Income Fund Inc. (6.83), less than Allspring C&B Mid Cap Value Fund Admin Cl (0), greater than Allspring C&B Mid Cap Value Fund Class A (0), greater than Allspring Discovery Large Cap Growth - A (-3.13), greater than Calvert Mid-Cap Fund Class I (0), less than Nuveen Large Cap Growth Fund Class I (0), less than Nuveen Large Cap Growth Fund Class C (0), less than BMO Aggressive Allocation Fund- Class R6 (0), less than BMO Aggressive Allocation Fund- Class Y (0), greater than First Trust Dynamic Europe Equity Income Fund (-8.12),
| Company | PE Ratio | Market cap |
|---|---|---|
| 6.83 | $191.67M | |
| 0 | $201.30M | |
| 0 | $201.30M | |
| -3.13 | $198.61M | |
| 0 | $179.02M | |
| 0 | $188.46M | |
| 0 | $188.46M | |
| 0 | $189.64M | |
| 0 | $189.64M | |
| -8.12 | $216.95M |
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