Carl Icahn's Major Positions in Energy Stocks: What You Need to Know
More Than a Quarter of Billionaire Carl Icahn's Portfolio Is In These 3 Energy Stocks
Legendary investor Carl Icahn is betting big on several oil and gas stocks. Right now, just three energy stocks comprise more than one quarter of his portfolio. Each stock has very different characteristics, so if you want to follow Icahn, be sure to understand all three.
This 1 stock is Icahn's biggest bet
CVR Energy is primarily a petroleum refiner, making products like gasoline and nitrogen fertilizer.
These 2 stocks give Icahn a complete energy portfolio
The other two major energy holdings in Icahn's portfolio are the aforementioned Occidental Petroleum and Southwest Gas Holdings. In combination with CVR Energy, these stocks effectively create an integrated energy business.
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