First Trust New Opportunities MLP & Energy Fund Net Income

First Trust New Opportunities MLP & Energy Fund (FPL) currently reports a net income of $40M as of October 2023. That compares with $-110M in the prior-year period — up 137.1% year over year. That is below the sector sector average of $86M. Use the charts on this page to explore First Trust New Opportunities MLP & Energy Fund's net income history and peer comparisons.

First Trust New Opportunities MLP & Energy Fund's net income increased from $-110M to $40M — a 137.1% year-over-year increase (period ending October 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

First Trust New Opportunities MLP & Energy Fund's net income of $40M is lower than the its sector sector average of $86M. That is roughly 53.9% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

First Trust New Opportunities MLP & Energy Fund reported $40M in net income as of October 2023. That compares with $-110M in the prior-year period — up 137.1% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current net income of $40M, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is $86M. From there, open related valuation or income-statement pages for First Trust New Opportunities MLP & Energy Fund, and consider following FPL for alerts when major investors trade the stock.