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

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Earnings data Q4 2022

Earnings data Q1 2023

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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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The usual Master Limited Partnership, Icahn Enterprises offers a very high 15% distribution yield but sadly, this masks two structure issues making it fundamentally unsustainable. The first of which being their very lumpy and unpredictable cash flow performance that relies heavily upon their equity trading and activist investing.

Icahn Enterprises: The Hidden Ugly Side Of Their 15% Yield

I like to study other investors' mistakes as part of my investing process. I believe this is one of the best ways to learn and develop as an investor, and it is a lot less painful than making the mistakes myself.

Carl Icahn's $40 Billion Missed Opportunity

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SUNNY ISLES BEACH, Fla., Dec. 24, 2021 /PRNewswire/ -- IEP Utility Holdings LLC, an affiliate of Icahn Enterprises L.P.

Icahn Enterprises Announces Extension of Southwest Gas Tender Offer

SUNNY ISLES BEACH, Fla., Dec. 7, 2021 /PRNewswire/ -- Icahn Enterprises L.P.

Icahn Enterprises L.P. Completes Sale of PSC Metals LLC

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Icahn Enterprises and Takeda Pharmaceutical are two intriguing hedges against sky-high inflation rates.

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Icahn Enterprises currently yields over 15%, which can turn a $500 initial investment into just shy of $1 million in about 30 years.

Icahn Enterprises: A 15% Yield To Turn A Small Investment Into A Big One

SUNNY ISLES BEACH, Fla., Nov. 8, 2021 /PRNewswire/ -- Icahn Enterprises L.P.

Icahn Enterprises L.P. Announces Management Changes

Icahn Enterprises L.P. (IEP) CEO Aris Kekedjian on Q3 2021 Results - Earnings Call Transcript

SUNNY ISLES BEACH, Fla., Nov. 2, 2021 /PRNewswire/ -- Icahn Enterprises L.P.

Icahn Enterprises L.P. Reports Third Quarter 2021 Financial Results

Icahn Enterprises LP (NASDAQ: IEP) subsidiary, American Entertainment Properties Corp., has agreed to sell 100% of the equity interests in PSC Metals, LLC to SA Recycling LLC, for total consideration of ~$290 million, including debt. As of June 30, 2021, Icahn Enterprises had carried PSC Metals on its balance sheet at a value of $141 million.

Icahn Enterprises To Sell PSC Metals For ~$290M

SUNNY ISLES BEACH, Fla., Oct. 29, 2021 /PRNewswire/ -- Icahn Enterprises L.P.

Icahn Enterprises L.P. Announces Definitive Agreement to Sell PSC Metals LLC at Enterprise Value of Approximately $290 Million

SUNNY ISLES BEACH, Fla., Oct. 28, 2021 /PRNewswire/ -- Icahn Enterprises L.P.

Icahn Enterprises L.P. Announces New Time for Q3 2021 Earnings Conference Call

SUNNY ISLES BEACH, Fla., Oct. 25, 2021 /PRNewswire/ -- Icahn Enterprises L.P.

Icahn Enterprises L.P. Announces Q3 2021 Earnings Conference Call

A reader had asked my thoughts on Icahn Enterprises, I'm sharing my findings here. The main allure to IEP would have to be to invest alongside Carl Icahn and a ~14% distribution yield.

Icahn Enterprises: 14.05% Yield Worth A Look For An Income Investor

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This dividend dog 10%+ Yield @$5-$66 October data is all sourced from YCharts. Many were discarded for unsustainable dividends above 25%; others were deleted for infrequent dividends. Not all have paid consistent annual dividends. Analyst top-ten target net-gain estimates for these 66 bargain-basement dogs 10/19/21 ranged 20.46%-95.26% from KUMBF, IEP, CPAC, ELP, QIWI, VALE, SPNT, SCU, CYD, and top pick, HMLP per YCharts data.

65 October 10%+ Yield Dividend Dogs Priced At $5-66

Icahn Enterprises LP offers a current distribution yield of 14.6% and a way to invest with Carl Icahn in south Florida's Sunny Isles Beach. The company is a master limited partnership, which means, at tax time, investors receive a K-1 form rather than a 1099.

Dividend Sleuthing: Icahn Enterprises L.P.

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Carl Icahn (Trades, Portfolio) has revealed another addition to his Icahn Enterprises LP ( IEP , Financial) holding according to GuruFocus' Real-Time Picks, a Premium feature.

Carl Icahn Leans Into Icahn Enterprises Holding

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August 30-September 23, 2021 readers mentioned 46 equities in their comments. Some lamented bad news, so bad news investments (rogues) mixed with (mostly) favorites. Hence, these are the ReFa/Ro. Ten analyst-target-estimated top net gain reader faves and rogues, QIWI, IEP, IMBBY, BTI CHMI, EPD, MAGS, LTC, HQH, and T, averaged 39.21% net gains from data collected 9/30/21.

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Icahn Enterprises will likely maintain the current dividend, yielding 16% at current prices.

Icahn Enterprises: 16% Dividend Yield And Market Correction Protection

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These dividend dog 10%+Yield@$5-$83 data are all sourced from YCharts. Many were discarded for unsustainable-dividends above 25%; others were deleted for infrequent-dividends. Not all have paid consistent annual dividends. Analyst top-ten target net-gain estimates for these 67 bargain-basement dogs 9/20/21 ranged 40.05%-76.02% from BSBR, PBFX, CPAC, IEP, PAX, SCU, VALE, QIWI, CYD, and top pick, SBSW per YCharts data.

66 Ideal 10%+Yield Dividend Stocks Priced $5-$83 For September

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These dividend dog 10%+ Yield at $5-$64 data are all sourced from YCharts. Many were discarded for unsustainable dividends above 25%; others were cast out for infrequent dividends. Analyst top-ten target net-gain estimates for these 44 bargain basement dogs 8/11/21 ranged 17.96%-75.08% from FLTDF, SRLP, RC, KNOP, IEP, ORC, MBT, CHMI, CYD, and top pick, CPAC per YCharts.

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