As of June 17, 2025, First Trust New Opportunities MLP & Energy Fund (FPL) reports a Forward P/E of N/A.
Forward P/E gauges the price investors pay for each dollar of anticipated earnings, offering insight into a stock's future valuation.
Comparing First Trust New Opportunities MLP & Energy Fund's Forward P/E to Peers
To better understand First Trust New Opportunities MLP & Energy Fund's position, it's useful to compare its Forward P/E against industry peers. Below are selected comparisons:
| Company | Forward P/E |
|---|---|
| First Trust New Opportunities MLP & Energy Fund (FPL) | - |
| Ranger Oil Corp (ROCC) | 3.12 |
Compared to its competitors, First Trust New Opportunities MLP & Energy Fund's Forward P/E is difficult to compare due to insufficient data.