Icahn Enterprises (IEP 0.25%) is majority owned and operated by one of the most famous investors in recent history, Carl Icahn. The Icahn family owns roughly 85% of the company's shares.Founded in 1987, Icahn Enterprises has provided shareholders with a wild ride. Some years, shares doubled, tripled, or even quadrupled in value. In other years, the stock plummeted in value.Right now, is Icahn Enterprises a buy, sell, or hold? Pay attention to this numberIcahn Enterprises has a few things in common with Berk ...

($209) ($387) ($1,165) ($23) Adjusted EBITDA(3) (246) (444) (1,353) (223) 55 73 508 304 • Nitrogen Fertilizer Q4 2023 Results • Automotive Services (1) Refer to the Non-GAAP Reconciliations in the Appendix 8 • Q4 2023 Adjusted EBITDA attributable to IEP for all other segments was $16 million compared to $6 million for Q4 2022 Energy Segment EBITDA Reconciliations for Petroleum and Nitrogen Fertilizer 1 | --- | --- | --- | |------------------|------------------------------------------|-------| | ($Millions) ...

Icahn Enterprises L.P. (NASDAQ:IEP) Q4 2023 Earnings Conference Call February 28, 2024 10:00 AM ET Company Participants Jesse Lynn – General Counsel Andrew Teno – President and Chief Executive Officer Ted Papapostolou – Chief Financial Officer Conference Call Participants Dan Fannon – Jefferies Bruce Monrad – Northeast Investors Trust Operator Good morning, and welcome to the Icahn Enterprises L.P. Fourth Quarter 2023 Earnings Conference Call with Jesse Lynn, General Counsel; Andrew Teno, President and Chie ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to (Exact Name of Registrant as Specified in Its Charter) (Address of Principal Executive Offices) (Zip Code) (Telephone Number) (State or Other Jur ...

Exhibit 99.1 Icahn Enterprises L.P. (Nasdaq: IEP) Today Announced Its Fourth Quarter and Full Year 2023 Financial Results Sunny Isles Beach, Fla, February 28, 2024 – · Our cash position was $2.7 billion across the Holding Company and Investment segments as of Year End 2023 As Chairman Carl C. Icahn has previously stated: "I have come to believe that activism, on a risk reward basis, is the best investment paradigm that exists. While this method of investing certainly is somewhat volatile, over the long term ...

Neilson Barnard In our last coverage of Icahn Enterprises L.P. (NASDAQ:IEP), we pointed out that the distribution was nowhere near safe, despite the large initial cut. We expected another one within a year and felt the risks were materially skewed to the downside. Investors have put those warnings on snooze and the stock is flat since then, providing a nice, albeit market-lagging, total return. Seeking Alpha With an estimated NAV out from the company and immediate refinancing risks behind it, we updat ...

Conglomerate Icahn Enterprises (NASDAQ:IEP) — named after its founder, the activist investor Carl Icahn — again found itself treading in red ink. Sparking the negativity was a change in leadership. And since a short-seller report last year, IEP stock has struggled for traction.According to a Seeking Alpha report, Icahn named Andrew Teno its new CEO, replacing David Willetts. In a corporate statement earlier Wednesday, Willetts will be the head executive of Pep Boys, one of Icahn’s portfolio companies. On th ...

Icahn Enterprises (IEP -8.87%) announced in a financial update Wednesday the net asset value of its holdings dropped significantly in the fourth quarter, though it did keep its quarterly dividend intact. Investors are viewing the glass as half-empty, sending shares of IEP down as much as 14% on Wednesday and off 8% as of 1 p.m. ET. Overhaul in the C-suite and falling values Carl Icahn is a legendary activist investor, but of late the focus has mostly been on activists questioning the investor's business set ...

Names Icahn Capital Portfolio Manager, Andrew Teno, as Chief Executive Officer Names Current Chief Executive Officer, David Willetts, as Chief Executive Officer of Pep Boys Announces Estimated Indicative Net Asset Value of $4.76 billion as of Year End 2023 Maintains Quarterly Distribution of $1.00 per Depositary Unit During the last few months we have defeased all our 2024 notes and the next note maturity of $750 million is December of 2025 Our cash position was $2.7 billion across the Holding Company and ...

Veteran activist investor Carl Icahn's latest involvement in the airline industry deepened on Tuesday. His Icahn Enterprises (IEP 1.51%) successfully installed two of its executives on JetBlue's (JBLU 0.72%) board of directors. That news was encouraging enough to send Icahn Enterprises's stock into positive territory; it closed the day 1.5% higher, in contrast to the 0.6% slump of the S&P 500 index.The veteran activist investor gets active with JetBlueAfter market hours on Friday, JetBlue announced the two ...