First Trust New Opportunities MLP & Energy Fund

First Trust New Opportunities MLP & Energy Fund

FPL

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Market Cap$181.95M
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
First Trust New Opportunities MLP & Energy FundFirst Trust New Opportunities MLP & Energy Fund13.62.54%23%7.80.3
$-1.86

Current Fair Value

123.9% downside

Overvalued by 123.9% based on the discounted cash flow analysis.

Share Statistics

Market cap$181.95 Million
Enterprise Value$227.04 Million
Dividend Yield$0.45 (2.54%)
Earnings per Share$0.57
Beta0
Outstanding Shares23,447,660

Return

Return on Equity23.39%ROE
Return on Assets18.42%
Return on Invested Capital19.89%

Valuation & Multiples

P/E Ratio13.61P/E Ratio
PEG38.95PEG
Price to Sales7.76Price to Sales
Price to Book Ratio1.11Price to Book Ratio
Enterprise Value to Revenue5.99
Enterprise Value to EBIT5.3
Enterprise Value to Net Income5
Total Debt to Enterprise0.2
Debt to Equity0.27Debt to Equity

Revenue Sources

No data

Insider Trades

Institutional Sentiment (Put/Call)

No data available for the latest quarter.

Institutional Ownership

No data available for the latest quarter.

ESG Score

No data

About First Trust New Opportunities MLP & Energy Fund

CEO: James Dykas

First Trust New Opportunities MLP & Energy Fund (the "Fund") is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current distribution...

Relevant Senate Committees

Joint Committee on Taxation

Provides critical analysis and revenue estimates for all tax legislation, directly influencing tax policy that shapes corporate tax structures and the specific tax treatment of MLPs and energy sector investments.

Finance

Controls tax policy, which directly impacts the profitability and structure of MLPs (e.g., pass-through status, depreciation rules) and energy companies, profoundly influencing their financial performance and investor distributions.

Appropriations

Directly allocates federal spending, including for infrastructure and energy-related projects, which can provide significant funding or contracts for MLPs and energy utilities, influencing their order books and project viability.

Energy and Natural Resources

Directly responsible for national energy policy, public lands, and the Department of Energy, which are central to the operations, regulation, and future development of oil, gas, and renewable energy assets held by MLPs and energy utilities.

Environment and Public Works

Directly regulates environmental policies and infrastructure projects (EPA, permitting) which are critical for the development, operation, and costs of pipelines, energy facilities, and utilities that MLPs and energy companies own.