Headquartered in Sunny Isles Beach, FL Fiscal year ends December NASDAQ: IEP ielp.com
Icahn Enterprises L.P. (IEP) is a master limited partnership and diversified holding company. Its subsidiaries operate in seven continuing segments: Investment, Energy, Automotive, Food Packaging, Real Estate, Home Fashion and Pharma.
- **Investment:** The Investment segment invests through private Investment Funds that use derivatives, short sales and leverage, including refining-related hedges.
- **Energy:** The largest holding is majority-owned CVR Energy (CVI), a petroleum refiner. CVI also holds an interest in CVR Partners, a nitrogen fertilizer producer. CVR Energy has agreed to acquire two refineries and a marketing platform from Marathon Petroleum for $4.2 billion.
- **Automotive:** Icahn Automotive Group sold Pep Boys in August 2026. It retains the AAMCO Transmissions and Total Care and Precision Tune Auto Care franchise businesses.
- **Other businesses:**
- Viskase makes food casings.
- WestPoint Home makes home fashion products.
- Vivus is a pharmaceutical business.
- A Real Estate segment now includes retained Pep Boys leases.
IEP's depositary units trade on Nasdaq. The partnership pays quarterly distributions that unitholders can take in cash or additional units. Updated
Refining hedges inside the Investment Funds cost $522 million this quarter, turning a revenue beat into a loss per unit that missed expectations. The $0.50 quarterly distribution, the 86th straight, now rests on a shrinking equity base.
Carl Icahn keeps buying his own holding company, adding to his Icahn Enterprises position for the third disclosed time since April. The 13D filing signals activist intent, and the man running the company is the one stepping up on the units.
Carl Icahn is buying more of his own holding company, adding to a position of roughly 140.8 million units even as quarterly losses keep widening. His own purchases signal how he values the units here.
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It has not been a good year for billionaire activist investor Carl Icahn. His publicly traded company, Icahn Enterprises LP (NASDAQ:IEP | IEP Price Prediction), lost 43% of its value in 2024…
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Icahn Enterprises L.P. (IEP) is a master limited partnership and diversified holding company.
The Wall Street consensus 12-month price target for IEP is $12.00. IEP price prediction →
