Icahn Enterprises L.P. (NASDAQ:IEP) Q2 2023 Earnings Conference Call August 4, 2023 10:30 AM ET Company Participants Jesse Lynn - General Counsel David Willetts - President and CEO Ted Papapostolou - CFO Conference Call Participants Dan Fannon - Jefferies Bruce Monrad - Northeast Investors Trust Andrew Berg - Post Advisory Group Operator Good morning and welcome to the Icahn Enterprises L.P. Second Quarter 2023 Earnings Call with Jesse Lynn, General Counsel; David Willetts, President and CEO; and Ted Papapo ...

Financial Performance - Icahn Enterprises L P reported a net loss attributable to IEP of $269 million for Q2 2023, compared to a net loss of $128 million for Q2 2022[16,66] - Adjusted EBITDA attributable to IEP was $34 million for Q2 2023, a decrease from $126 million in Q2 2022[66] - The Investment segment experienced a negative return of 5 4% for Q2 2023[6,18,66] - Indicative net asset value decreased to $5 0 billion as of June 30, 2023, from $5 6 billion as of December 31, 2022[66] Segment Results - The Energy segment's Adjusted EBITDA attributable to IEP decreased by $100 million to $173 million for Q2 2023, compared to $273 million in Q2 2022[59,70] - Automotive segment revenue decreased by $1 million in Q2 2023 compared to Q2 2022[11] - All Other segments' Adjusted EBITDA attributable to IEP was $27 million for Q2 2023, compared to $18 million for Q2 2022[36] - Food Packaging Adjusted EBITDA attributable to IEP increased by $6 million, or 50%, primarily due to manufacturing efficiencies and lowered distribution costs[94] CVR Energy - CVR Energy declared a $0 50 per share and a special $1 00 per share quarterly cash dividend[8] - Nitrogen Fertilizer average realized gate prices for UAN decreased by 43% to $316 per ton, and ammonia decreased by 40% to $707 per ton compared to the prior year quarter[89] Investment Segment - As of June 30, 2023, the Funds had a net short notional exposure of 18%[56]

Table of Contents | UNITED STATES SECURITIES AND EXCHANGE COMMISSION | | | | | --- | --- | --- | --- | | Washington, D.C. 20549 | | | | | FORM 10-Q | | | | | (Mark one) | | | | | ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | | | | For the Quarterly Period Ended June 30, 2023 | | | | | OR | | | | | ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | | | | to | For the Transition Period from | | | | | | (State or Other ...

Icahn Enterprises L.P. (NASDAQ:IEP) Q1 2023 Earnings Conference Call May 10, 2023 10:00 AM ET Company Participants Jesse Lynn - General Counsel David Willetts - President and CEO Ted Papapostolou - CFO Conference Call Participants Operator Good morning and welcome to the Icahn Enterprises L.P. Q1 2023 Earnings Call with Jesse Lynn, General Counsel; David Willetts, President and CEO; and Ted Papapostolou, Chief Financial Officer. I would now like to hand the call over to Jesse Lynn, who will read their openi ...

Financial Performance - IEP's Q1 2023 net loss attributable was $270 million, compared to a net income of $323 million for Q1 2022[17] - IEP's Q1 2023 Adjusted EBITDA was $116 million, compared to $616 million for Q1 2022[17] - The Investment Funds had a negative return of 4.1% for Q1 2023[17] - The Energy segment had net income attributable to IEP of $132 million in Q1 2023, compared to $61 million in Q1 2022[17] - Automotive segment net sales and other revenues decreased by $106 million for Q1 2023 compared to Q1 2022, while Adjusted EBITDA improved by $23 million[40] Segment Results - The Energy segment's Adjusted EBITDA attributable to IEP increased by $87 million to $229 million for Q1 2023 compared to $142 million in the prior-year period[34] - Real Estate segment Q1 2023 Adjusted EBITDA decreased by $3 million compared to Q1 2022[56] - All Other segments' Adjusted EBITDA was $20 million in Q1 2023, compared to $16 million for Q1 2022[5] Assets and Liquidity - As of March 31, 2023, the fair value of IEP's investment in the Funds was approximately $4 billion[35] - Holding Company cash and cash equivalents were $1868 million[48] - As of March 31, 2023, the Funds had a net short notional exposure of 38%[29]

| UNITED STATES SECURITIES AND EXCHANGE COMMISSION | | | | | --- | --- | --- | --- | | Washington, D.C. 20549 | | | | | FORM 10-Q | | | | | (Mark one) | | | | | ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | | | | For the Quarterly Period Ended March 31, 2023 | | | | | OR | | | | | ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | | | | to | For the Transition Period from | | | | (State or Other | | | | | (Exact Name ...

Highlights and Recent Developments • CVR Energy Q4 2022 Highlights • Net sales increased over the same period last year by $567 million (27%) to $2.7 billion • Adjusted EBITDA attributable to IEP increased by $128 million to $168 million for Q4 2022 compared to $40 million in the prior-year period • Petroleum Q4 2022 Results • Processed 221,000 barrels per day of total throughput in the quarter • Refining margin for 4Q 2022 was $17.14 per throughput barrel, compared to $7.13 during Q4 2021 • Nitrogen Fertil ...

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.'s Q4 2022 Earnings Call with Rob Flint, Director of accounting; David Willetts, President and CEO and Ted P ...

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, 2022 ◻ 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) (State or Other Jurisdiction of Incorp ...

Icahn Enterprises L.P. Q3 2022 Earnings Presentation November 4, 2022 1 Safe Harbor Statement Forward-Looking Statements and Non-GAAP Financial Measures The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements we make in this presentation, including statements regarding our future performance and plans for our businesses and potential acquisitions. Forward-looking statements may be identified by words such as "expects," "anticipates," "intends," "plans," " ...