Exchange: NASDAQ·Updated 03:52 PM EST
IEP logo

IEP Icahn Enterprises, L.P.

$4.85
$0.095
(2.00%)
Today
Reported EarningsNov 3
Mkt Cap$3.6B
Vol2.23M

About IEP

Icahn Enterprises LP is a holding company. It operates through the following segments: Investment, Automotive, Energy, Food Packaging, Real Estate, Home Fashion, Pharma, and Holding Company. The Investment segment consists of various private investment funds. The Automotive segment holds ownership in Icahn Automotive Group, LLC. The Energy segment refers to petroleum refining and marketing businesses. The Food Packaging segment involves the production and sale of cellulosic, fibrous, and plastic casings for the processed meat and poultry industry. The Real Estate segment offers rental real estate, property development, and resort activities. The Home Fashion segment deals with manufacturing, sourcing, marketing, distributing, and selling home fashion consumer products. The Pharma segments operate through Vivus, Inc., a specialized pharmaceutical company. The Holding Company segment manages acquisition and investment in operating businesses. The company was founded on February 17, 1987 and is headquartered in Sunny Isles Beach, FL.
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Extremely Bullish Sentiment

How do you feel about IEP?

xamarin
$IEP I’m sincerely praying for a huge short squeeze in IEP. Basically, the value of IEP’s CVI stake and the money from Pep Boys alone exceeds IEP’s entire market cap. It’s like no one is assigning any value to IEP’s CVI stake. And what about its other businesses? It’s as if they don’t even exist. And if people say debt, which organization doesn't have debt. The entire AI is build on financing. Hope there is a light at the end of the tunnel
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OldToad77
$IEP This has been way oversold, and so I took a position, the refinery's and a $.50 Dividend is sure icing on the cake :)
8
nightwatcher26
$IEP Should have reinstated the 2$ dividend from years ago just to make the shorts squirm.
14
jabramowitz
$IEP FYI for you shorts is that the dividend X date is Nov 16...or pay the 50c per share...thank you for your attention in this matter
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warrenphuket
$IEP stocks do go up and down, this has been down for long long time, so it will be ready for upsie for long long time, it will happen when it happens could be close as I see it., glta!
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Tazz2024
$IEP I believe in Carl Icahn, been following his battles from being a multimillionaire to a multi billionaire. Don’t bet against him and be patient even if the dividend is stopped or lowered continue to purchase these shares and be rewarded later. I own over 18,800 units/shares invested over$180K down around $78K and still buying. Looking forward to the dividend returning to $8.00 a years. Keep the employees and set the example and expectation of Team Work for the families who depend on IEP
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WolfOfLouisiana
$IEP I think we are just following CVI today. If war starts again oil will rise and so will CVI. CVI did an offering which drove price down some. We are heavily influenced with CVI value for stock movement IMO. We are also heavily shorted. It would not be hard for Carl to burn the shorts at this level. Next week will be interesting. Anytime you want to fight back Carl we ready 🐺
9
FightOrFlight
$IEP If he kept Div this time then I don’t see a cut unless things go sideways w Marathon. So, Carl is paying you roughly 40% to hang around 12-18 months. CVR trailing EPS just more than doubled (or will) with the Marathon acquisition. That means big boy Div in late 2027 or early 2028 is my guess, which means IEP could get back to $4+ Div or more. I see a path back to $25 and even $50 by 2030. Just lessen the short hedging and ride CVR into the sunset. IMO
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StUngarjr
$IEP I may be new to this but This has go be the Greatest Stock of all time. A 40% Dividend and only about 5 points of Downside at worst. Run by a humanitarian that helps and loves Dogs. He certainly seems the type that wants to do good things for his investors as well and has a great track record. What can go wrong? I’m emptying my bank account taking a second mortgage and maxing out on margin making the spread on this!
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mooncake24
$IEP how crazy is this? Stock price @$5.+ and dividend @$0.50 compares to high share price of stocks over $200. share!!!! Every $5.+ invest in IEP we get $2. back in dividend money annually?????? I will get cash distribution, thank you!!!!!
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FightOrFlight
$IEP Surprised the short position remains so high here with CVI probably increasing dividend next week.
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blackfirecap
$IEP If you bought 1 $IEP unit in 2005 at $27.91, you would have received about $86 in distributions, and still have your unit.
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Ravens1
$IEP I am back in think the bottom was printed at around $5 distribution was held steady and like the potential refinery purchase.
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mooncake24
$IEP “CVI’s acquisition of two refineries and a marketing platform for $4.2 billion is expected to significantly boost EBITDA and EPS, with Icahn Enterprises providing a $500 million backstop.”
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Keeps
$IEP If we can just wait another 2 days before take off please! I have another $7,000 I’ll be adding.
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WolfOfLouisiana
$IEP Tuesday will be an interesting day to say the least. CVI will probably have great earnings, but crack spread swaps (hedges) may water down some of the fun. I believe those swaps run through 2027. If Carl started a buying back program, that could cause stock price to rise. 500 million is enough to buy the float and then some at current prices. Of course if he did the stock price would rise most likely. I don’t see Carl taking us private, since he has pledged IEP shares for personal debt. The debt has been coming down in the right direction but still a ways to Geaux. Most importantly Carl needs to ensure confidence in the turn around. I have a long horizon with this one, so I’m good at waiting and building a position, but would like to see management instill confidence after such a huge destruction of share price. Shorts are in deep and maybe the old man has a trick up his sleeve for them. But so far shorts have been right. 🐺
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WolfOfLouisiana
$IEP for just the cash from sale of Pep Boys Carl could buy the float for around $14. Carl owns almost all of this. I’m still waiting for that revenge trade Carl promised 😒🐺
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blackfirecap
$IEP I repeat ... sustainable cash flow (distributions) without (taxable) income is the holy grail for guys like me ... look closely when the financials are released later today and I think what you will see are "losses" driven by mark-to-market accounting rules (paper losses) in the investment sector. This does not mean they closed a position and incurred a loss. It means on paper, value changed and their accounting rules let them recognize loss on the paper change. Its a feature, not a problem. It creates tax efficiency. $IEP is not an investment to casually step in and out of, and Carl repeatedly says that it is designed to benefit long term partners. Don't buy it if you don't intend to hold it for at least 5 years. Don't buy it if you don't understand K1s. And don't buy it in a IRA or other qualified custodial account (look up UBIT for why). Buy it if you understand it. Especially at these prices!
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ShadowyForeignExchange
$IEP “IEP declares third quarter distribution of $0.50 per depositary unit (the 86th consecutive quarterly distribution since 2005).”
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xamarin
$IEP I'm just praying for a miracle. I guess there's nothing we can do right now, but I'm very, very nervous about the current situation. I've never felt this way before. Does anyone see a light at the end of the tunnel? I guess I was greedy and stupid and got suckered into believing in the great Carl Icahn. Oh boy, I was so, so wrong.
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