Icahn Enterprises

Icahn Enterprises LP operates as holding company. It operates through following eight business segments: Investment, Automotive, Energy, Food Packaging, Metals, Real Estate, Home Fashion, and Pharma. The Investment segment consists of various private investment funds. The Automotive segment holds ownership in Icahn Automotive Group LLC. The Energy segment holds ownership in CVR Energy, Inc., which owns majority interests in two separate operating subsidiaries, CVR Refining, LP and CVR Partners, LP. The Food Packaging segment holds ownership in Viskase Cos., Inc., which is engaged in the production and sale of cellulosic, fibrous, and plastic casings for the processed meat and poultry industry. The Metals segment operates through PSC Metals, Inc., which engages in the business of collecting, processing, and selling ferrous and non-ferrous metals, as well as the processing and distribution of steel pipe and plate products in the Midwest and Southern U.S. The Real Estate segment consists of rental real estate, property development and resort activities. The Home Fashion segment operates through WestPoint Home LLC, which consists of manufacturing, sourcing, marketing, distributing, and selling home fashion consumer products. The Pharma segments operates through Vivus, Inc., a specialized pharmaceutical company. The company was founded on February 17, 1987 and is headquartered in Sunny Isles Beach, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Icahn Enterprises reports Q1 loss, maintains strong liquidity for growth

Icahn Enterprises faced challenges with a Q1 2023 loss of $270 million but maintained strong liquidity for future opportunities.
Despite investment fund underperformance, segments like CVI and Automotive Services showed strength and potential for growth.
Real Estate segment struggled, but Energy and Automotive segments displayed improvements, offering avenues for future profitability.

Icahn Enterprises reports Q2 loss, maintains stability amid segment challenges

Icahn Enterprises faced challenges in Q2 2023 with a net loss attributed to specific segments, but maintained overall financial stability.
Despite performance declines in some areas, the company showed strengths in liquidity and EBITDA improvements in key segments.
Addressing challenges and capitalizing on opportunities will be crucial for driving future growth and enhancing shareholder value.

Icahn Enterprises (IEP) reports improved Q3 results, eyes strategic growth

Icahn Enterprises (IEP) showed improved financial performance in Q3 2023, driven by strong operating company results. Despite challenges in investment fund returns, the company's overall asset value and liquidity position present opportunities for future growth and strategic initiatives.

Icahn Enterprises reports Q4 loss, eyes growth in key segments

Icahn Enterprises (IEP) navigated challenges in Q4 2023 with a focus on liquidity, strong performance in key segments, and addressing areas for improvement. The company's leadership highlighted forward-looking statements, non-GAAP financial measures, and indicative net asset value.

Icahn Enterprises reports improved Q1 performance and strategic strengths

Icahn Enterprises showed improved financial performance in Q1 2024, with a net loss reduction and increased adjusted EBITDA.
The company's focus on activism strategy, liquidity maintenance, and disciplined approach to acquisitions are key strengths.
Challenges include negative returns in investment funds and the need to address operational efficiency for sustained profitability.
Opportunities lie in strategic acquisitions, market dynamics, and leveraging the strong balance sheet for future growth.

Icahn Enterprises Q2 earnings below, focus on long-term value

Q2 performance below expectations due to declines in CVI and Investments segments.
Efforts to improve Automotive segment EBITDA and capitalize on leasing pipeline.
Maintaining liquidity for seizing opportunities and focusing on long-term value creation.
CEO emphasizes belief in significant holdings' long-term performance and activist strategy.

Icahn Enterprises reports mixed Q3 results with growth opportunities

Icahn Enterprises faced challenges in CVR Energy and Auto Service but showed strength in investment funds and Pharma segment, with opportunities in management changes and asset sales.
Maintained liquidity and strategic investment decisions demonstrate financial stability, while proposed tender offer and value creation potential offer avenues for growth.
Overall, Icahn Enterprises navigated challenges in various segments, capitalized on strengths, and positioned itself for growth through operational improvements and strategic investments.

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LOS ANGELES--(BUSINESS WIRE)---- $IEP #IEP--The Schall Law Firm Announces it is Investigating Claims Against Icahn Enterprises L.P. and Encourages Investors with Losses to Contact the Firm.

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Icahn Enterprises L.P. and Encourages Investors with Losses to Contact the Firm

Activist investor and “corporate raider” Carl Icahn's Icahn Enterprises LP conglomerate is the latest high-profile target of renowned short-selling firm Hindenburg Research. In a detailed report published on Tuesday laying the thesis for a short sell on the Florida-based investment company, Hindenburg contended that Icahn's share price is 75% overinflated.

Corporate raider Carl Icahn latest target of Hindenburg Research big short

LOS ANGELES, CA / ACCESSWIRE / May 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Icahn Enterprises L.P. ("Icahn Enterprises" or "the Company") (NASDAQ:IEP) for violations of the securities laws.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Icahn Enterprises L.P. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

Hindenburg Research, the short investor whose reports on companies have erased a big chunk of their value, criticized Icahn Enterprises LP (IEP) on Tuesday over the reporting of its finances, leading to a 20% drop in the shares of activist investor Carl Icahn's firm.

Short investor Hindenburg erases fifth of Icahn empire's value

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Icahn Enterprises L.P. (“IEP” or the “Company”) (NASDAQ: IEP) investors concerning the Company's possible violations of federal securities laws. On May 2, 2023, Hindenburg Research published a report alleging, among other things, that IEP units are inflated by more than 75% due to the Company trading “at a 218% premium to its last reported net asset value.” The report also claimed that the Com.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Icahn Enterprises L.P.

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Icahn Enterprises L.P. (“IEP” or the “Company”) (NASDAQ: IEP) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On May 2, 2023, Hindenburg Research published a report alleging, among other things, that IEP units are inflated by more than 75% due to the Company trading “at a 218% premium.

The Law Offices of Frank R. Cruz Announces Investigation of Icahn Enterprises L.P.

Hindenburg Research, a noted short-seller, released a critical report of billionaire Carl Icahn's namesake holding company today. In response, the company's unit price dove in value during Tuesday's trading session.

Why Icahn Enterprises LP Cratered Today

SUNNY ISLES BEACH, Fla. , May 2, 2023 /PRNewswire/ -- Icahn Enterprises L.P.

Icahn Enterprises issues statement regarding short seller report

Icahn Enterprises LP (NYSE:IEP) shares slid more than 17% to $41.72 on Tuesday after infamous short seller Hindenburg Research revealed that it has taken a short position against activist investor Carl Icahn's publicly-traded holding company, alleging “inflated” asset valuations, among other reasons. “Overall, we think Icahn, a legend of Wall Street, has made a classic mistake of taking on too much leverage in the face of sustained losses: a combination that rarely ends well,” Hindenburg Research wrote in a note published on Tuesday.

Carl Icahn and Icahn Enterprises targeted by short seller Hindenburg Research; stock falls 17%

Shares of Carl Icahn's closed-end holding company, Icahn Enterprises (NASDAQ: IEP ), are down more than 15% today following the publication of a short report by Hindenburg Research. Together, Icahn and his son, Brett, own about 85% of Icahn Enterprises.

IEP Stock Alert: Hindenburg Just Fired a HUGE Blow at Carl Icahn

Icahn Enterprises LP stock tumbled 16% late-Tuesday morning, after short seller Hindenburg Research issued a negative report against the investment arm of activist investor Carl Icahn.

Icahn Enterprises stock skids lower as short seller Hindenburg puts Carl Icahn's company in crosshairs

Hindenburg Research questions Icahn Enterprises' policies on asset valuations and its dividend policy.

Carl Icahn's Holding Company Tumbles After Short-Seller Report

Icahn Enterprises LP (NASDAQ: IEP) tanked nearly 20% this morning after Hindenburg Research revealed a short position in billionaire Carl Icahn's empire. IEP doesn't deserve the current premium On Tuesday, the short seller blasted Icahn Enterprises that it said was similar in structure to a Ponzi scheme.

Hindenburg takes aim at Carl Icahn's empire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Icahn Enterprises L.P. and Encourages Investors with Losses to Contact the Firm

The Nathan Anderson-led firm took a short position against Icahn Enterprises, alleging "inflated" asset valuations, among other reasons.

Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short seller

SUNNY ISLES BEACH, Fla. , April 28, 2023 /PRNewswire/ -- Icahn Enterprises L.P.

Icahn Enterprises L.P. Announces Q1 2023 Earnings Conference Call

Carl Icahn has most of his net worth in Icahn Enterprises. The stock's 15% distribution yield may look like a red flag.

How to Make a 15% Yield With Iconic Investor Carl Icahn

Illumina

Activist investor Carl Icahn ramped up his proxy fight against Illumina with a blistering statement.

Carl Icahn blasts Illumina for nearly doubling CEO's pay despite steep drop in market value

Illumina told shareholders that Carl Icahn's board nominees would "threaten the progress" of the biotech company's core business.

Illumina urges shareholders to reject Carl Icahn's board nominees as proxy fight heats up

Icahn said Illumina should bring back former CEO Jay Flatley, saying current management is making the mistake of holding onto the $7.1 billion Grail deal.

Carl Icahn wants to bring back Illumina's ex-CEO 'immediately' as proxy fight intensifies

Icahn Enterprises is paying its unitholders $2 every quarter for a 15.7% yield. The Carl Icahn-backed conglomerate offers income driven by seven operating segments.

Icahn Enterprises: I'm In Pursuit Of Income With Its 15.7% Yield

CVR Energy

Carl Icahn is an activist investor who invests in companies to make them more efficient and increase their value. Most of his wealth is concentrated in his Icahn Enterprises conglomerate.

81% of Carl Icahn's Portfolio Is Invested in These 2 Stocks

Alliance Resource Partners

Energy Transfer LP Unit

MPLX

USA Compression Partners

Most investors think of master limited partnerships (MLPs) as strictly investment vehicles in the energy business, but there are other types, including one that is run by one of the most iconic and legendary investors of our time.

5 Outstanding MLPs to Buy Now for Big Passive Income With Yields as High 14.9%

Icahn Enterprises L.P. (NASDAQ:IEP ) Q4 2022 Earnings Conference Call February 24, 2023 10:00 AM ET Company Participants Rob Flint - Director of Accounting David Willetts - President & CEO Ted Papapostolou - CFO Conference Call Participants Daniel Fannon - Jefferies Andrew Berg - Post Advisory Group Bruce Monrad - Northeast Investor Group Operator Good morning and welcome to the Icahn Enterprises L.P.

Icahn Enterprises L.P. (IEP) Q4 2022 Earnings Call Transcript

For the twelve months ended December 31, 2022, net loss attributable to Icahn Enterprises was $183 million, or $0.57 per depositary unit. For the twelve months ended December 31, 2021, net loss attributable to Icahn Enterprises was $518 million, or $2.32 per depositary unit.

News for Icahn Enterprises Stock (IEP)