Icahn Enterprises(US:IEP)2023-08-04 12:40Financial 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]