Icahn Enterprises, L.P. (IEP)
The company now
Icahn Enterprises reported a third-quarter 2026 net loss attributable to the partnership of $225 million on 3 November, against net income of $287 million a year earlier 1. Revenues for the quarter were $3.2 billion 1.
The loss included $522 million of losses on refining hedges 1. These are bets held in its private Investment Funds to offset swings in the value of its CVR Energy stake 2.
For the first nine months of 2026, revenues were $8.4 billion and the net loss attributable to the partnership was $1.0 billion 1. A year earlier the nine-month net loss was $300 million 1.
The open question is CVR Energy's deal, announced on 3 November, to buy two refineries from Marathon Petroleum for about $4.2 billion 6. It still needs antitrust clearance, and the partnership owned about 71 percent of CVR Energy at 30 June 52.
As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.