First Trust New Opportunities MLP & Energy Fund

First Trust New Opportunities MLP & Energy Fund - PE Ratioverified

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

The PE Ratio as of July 2026 (TTM) for First Trust New Opportunities MLP & Energy Fund (FPL) is 15.84

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.

First Trust New Opportunities MLP & Energy Fund (FPL) Historical PE Ratio (quarterly & annually)

How has FPL PE Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

4.31

Median

4.09

Minimum

-28.44

Maximum

42.54

First Trust New Opportunities MLP & Energy Fund (FPL) PE Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearPE RatioChange
202311.72113.95%
20225.48102.25%
20212.71-397.47%
2020-0.91-109.25%
20199.84-250.17%
2018-6.55-115.41%
201742.54-249.54%
2016-28.44835.83%
2015-3.04-131.19%

First Trust New Opportunities MLP & Energy Fund (FPL) Average PE Ratio

How has FPL PE Ratio performed in the past?

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 (FPL) PE Ratio vs. Peers

How is FPL’s PE Ratio compared to its peers?

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),

Build a custom stock screener for First Trust New Opportunities MLP & Energy Fund (FPL) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like First Trust New Opportunities MLP & Energy Fund using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

First Trust New Opportunities MLP & Energy Fund (FPL) and other stocks custom spreadsheet templates

The easiest way to analyze a company like First Trust New Opportunities MLP & Energy Fund or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is First Trust New Opportunities MLP & Energy Fund's PE Ratio?

How is the PE Ratio calculated for First Trust New Opportunities MLP & Energy Fund (FPL)?

What is the highest PE Ratio for First Trust New Opportunities MLP & Energy Fund (FPL)?

What is the 3-year average PE Ratio for First Trust New Opportunities MLP & Energy Fund (FPL)?

What is the 5-year average PE Ratio for First Trust New Opportunities MLP & Energy Fund (FPL)?

How does the current PE Ratio for First Trust New Opportunities MLP & Energy Fund (FPL) compare to its historical average?