STITypeRA Posted - 1 day ago

$CVI should move up nicely when Trump takes office just like in 2017....

WineauxInBordeaux Posted - 1 day ago

@Dpaulson123 not sure. There is an article in another thread that said that $CVI removed themselves from the bidding. But it also said that Gold Resources was trying to bid, possibly in conjunction with $CVI.

Dpaulson123 Posted - 2 days ago

$CVI $IEP Interesting thought, CITGO may not even be a very good investment with trump. Trump is all about US production. Why would we want to buy a Venezuelan oil company?

Kapitan_Hindsight Posted - 2 days ago

$CVI https://www.worldenergynews.com/news/elliott-affiliate-citgo-bid-challenged-754806 Sorry for all my posts. This is another recent update. Article says CVI is not expected to continue bidding.

Kapitan_Hindsight Posted - 2 days ago

$CVI https://www.reuters.com/markets/commodities/elliott-defends-citgo-offer-face-creditors-objections-2024-10-21/ Here is a follow up article about Elliott trying push their offer to be finalized. I think this offer is about half what cvi put on the table for the assets. Winning the citgo refineries would have been a tremendous boon to cvi's throughput, and ability to leverage. I think we could have seen the stock price in the 50-60 range pretty quickly had the court made a rational decision and gone with the best offer. Hoping Icahn knows something more than us on this which led him to his share purchase offer last week. I am deep at about $26 per share on cvi. It's been dead money for too long.

IchDien Posted - 2 days ago

$IEP So...even with Ichan buying more of the stock...and the better earnings and more investing into $CVI, this still tanks? Anyone know why?

Kapitan_Hindsight Posted - 2 days ago

$CVI https://www.reuters.com/business/energy/citgo-auction-creditors-assail-elliott-bid-seek-rival-offers-2024-10-21/ The court really botched this up. I hope CVI gets another shot at it. The CVI bid brought in the most cash to divvy up to all the creditors. It should have been cvi's all along. Conoco Phillips may end up with them though. Shenanigans... The

ggqq Posted - 2 days ago

$CVI summary on why this dropped and bull case?

_Texan_ Posted - 3 days ago

$IEP Today is the ex dividend date. Hence the reason the stock is opening .50 cents lower. Longer term, I like Carl’s plan to acquire more $CVI. When their dividend returns, it will benefit $IEP shareholders. Sometimes one step back is needed to take two steps forward. Disclosure: Holding 30k shares of IEP at $14.38.

swingingtech Posted - 6 days ago

$LNG $CVI $VLO $MPC https://wallstreetwaves.com/implications-of-a-trump-presidency-on-energy-stock-market-trends/

Nhi1982 Posted - 1 week ago

$CVI $IEP $UAN

redapple Posted - 1 week ago

$IEP In response to WSJ Story 11.13.24 https://www.wsj.com/finance/investing/carl-icahn-needs-a-credibility-boost-heres-where-to-start-8f0f41a7 $IEP WSJ story is about a small part of $IEP portfolio. In reality, fair market value is defined as the price 2 willing parties determine in arm’s length transaction - buy/sellers and cost value. $IEP has many assets they can sell & will sell aka the basis of asset allocation. #CarlIcahn is going after more $CVI CVR Energy increasing their owners from 66% by acquiring up to 15M new shares. Icahn was COB of $CVI & $IEP has owned it since 2012 aka Carl knows $CVI inside out, which also owns 37% of $UAN. WSJ should focus on this opportunity & theme. $CVI has incurred a few temporary events; electricity outage & fire. This will pass. USA needs gas and petroleum products. Holding co need pruning. If this small unit WSJ has focused on isn't worth keeping it’ll be gone. Carl Icahn’s record is incredible. Short Sellers hidden behind Hindenburg Research has their thesis vaporized by US Court #CarlIcahn on X.com

Sblanco17 Posted - 1 week ago

@IchDien $CVI and $CITGO

Marion_KY Posted - 1 week ago

@Drynin doing the math and keeping it simple. Carl owns about 85% of $IEP so 406 out of 475 million shares on a quick google search. With the new dividend cut that $0.50 x 4 quarters will provide $138 million of that new $CVI stock purchase so the dividend cut was good for us as stock holders.

Drynin Posted - 1 week ago

$IEP Help me with the math. Carl owns 66M shares of $CVI which WAS contributing 50 cents per share a quarter to IEP, so $33,000,000. Now he is trying to spend $262,500,000 to add 15M more shares of CVI to add another $7,500,000 a quarter to IEP right? There is currently approximately 504M units of IEP so at best 81M shares of CVI only adds $40,500,000 a quarter to IEP. That comes out to 12.44 CENTS per quarter towards the current shares of IEP.....so why do people think it would add 50 cents more onto IEP distribution?? Am I missing something here because even though not everyone takes the cash option, taking more units still has a cost to IEP and the rest of the unit holders.

GustyWindsAhead Posted - 1 week ago

$CVI - The EPA stupidity and obstructionism ends January 20 -- "Regarding the RFS, the situation remains incomprehensible ... That a US federal agency can be allowed to flagrantly and repeatedly violate the law without recourse shakes the very foundation of our government."

Phoenix930 Posted - 1 week ago

Anyone, did $IEP complete the share purchase of $CVI already ? If not, did the $CVI board approve the transaction atleast and if yes, when the transaction is going to complete ? Appreciate the responses

GustyWindsAhead Posted - 1 week ago

$IEP $CVI is going to be exciting in 2025

Spina1 Posted - 1 week ago

$CVI Every share of IEP is worth 2x cvi by simple numbers. You guys accept stock for stock offer

SwingPlayers Posted - 1 week ago

Look at that Hockey Stick formation as soon as Trump wins election !!! $CVI $SPY $QQQ

SwingPlayers Posted - 1 week ago

$CVI stock will do great with Trump as President as his policies will make profit margins of CVI go up!

bhaviknair Posted - 1 week ago

$IEP $CVI Icahn Enterprises Stock Falls After Firm Halves Dividend To Help Fund Investment In CVR Energy: But Retail Confidence Improves https://stocktwits.com/news-articles/markets/5/icahn-enterprises-stock-falls-after-firm-halves-dividend-for-cvi-shares-acquisition/cJ44BFdRaq

WolfOfLouisiana Posted - 1 week ago

$CVI 🐺

OpenOutcrier Posted - 1 week ago

$CVI (+4.1% pre) Icahn Enterprises L.P. $IEP announces proposed tender offer to acquire additional shares of CVR Energy common stock - SI https://ooc.bz/l/47361

DonCorleone77 Posted - 1 week ago

$IEP $CVI Icahn Enterprises proposes to acquire additional 15M shares of CVR Energy stock Icahn Enterprises (IEP) announced that it has delivered a proposal to the board of directors of CVR Energy (CVI) to acquire additional shares of CVR common stock in a tender offer. IEP proposed that Icahn Enterprises Holdings, or IEH, would commence a tender offer to acquire up to 15M additional shares of common stock, par value $0.01, of CVR, for a purchase price of $17.50 per share. The proposed purchase price represents a premium of approximately 6% to CVR's closing price on November 7 and a premium of approximately 5% to the volume-weighted average price of CVR's common stock during the last seven trading days. IEP is proposing the tender offer because it believes that CVR's shares are undervalued in the market and represent an attractive investment opportunity, and that CVR's shareholders will benefit from an opportunity to sell their shares at a premium to their trading price. IEP's proposal contemplates that IEH would acquire all shares of CVR common stock properly tendered in the tender offer up to the maximum tender amount, and that the tender offer will not be subject to a minimum tender condition. Furthermore, IEP is willing to agree with CVI to certain contractual provisions for the benefit of CVR's public stockholders following completion of the tender offer. It is IEP's expectation that a special committee of independent directors of CVR will consider our proposal and such other terms, and to make a recommendation to CVR's stockholders or determine to remain neutral with respect to the tender offer. IEP currently beneficially owns, directly and indirectly, 66,692,381, or 66.3%, of the outstanding shares of CVR common stock and, if the proposed tender offer were to be fully or over-subscribed, IEP would beneficially own, directly and indirectly, 81,692,381 shares, or 81.3%, of the outstanding shares of CVR common stock.

WolfOfLouisiana Posted - 1 week ago

$CVI easy 💰💰🐺

Dpaulson123 Posted - 1 week ago

$IEP if management kept a $4/dividend after $CVI suspended temporarily, it would not have made any sense. The money is not supposed to just bleed the company dry, it’s a return of capital. If we are making less on dividends, there is less to return. Makes much more sense to put that money to work while $CVI is paused as this will result in increased yield in the future for unit holders.

Drynin Posted - 1 week ago

$IEP So let me know your thoughts....IEP owns 66M shares of $CVI and gets the board to temp halt dividend, know the share price will drop. Then Carl uses the funds he would have paid out on IEP to buy 15M more shares of CVI. They then reinstate the dividend and CVI goes back up 30-40% (helped by Trump winning election). Quick sold gain which increases the NAV of IEP....seems like a smart move???? My only other question, when there is only about 34M shares of CVI out there, can he really expect to be able to buy up 15M of that?

Dpaulson123 Posted - 1 week ago

$IEP the dividend will be increased when $CVI reinstates its dividend and our price rises with it also.

Goodfellasfinancial Posted - 1 week ago

$CVI sheesh, at 17.50..its a takeUNDER