Baird | Investment Banking Pitch Book | 35 slides

Baird · 2018-04
arc beats above · slides in the middle · loops below · scroll → 2 LOOPS
SETUP TENSION ANALYSIS EVIDENCE RESOLUTION APPENDIX
HOVER FOR DETAILS · CLICK A SLIDE FOR FULLSCREEN · STEP 2
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4
coverage by narrative range · generated from this deck JSON

Slide inventory

35
every slide · same image gating as the playbook
01
Slide 1
Baird branding present.front_matter
Open slide detailBeat · Situation & Context
02
front_matter
Open slide detailBeat · Situation & Context
03
transition
Open slide detailBeat · Situation & Context
04
The slide uses a Gantt-style chart to track project milestones and continuous workstreams.plan_implementation
Open slide detailBeat · Situation & Context
05
front_matter
Open slide detailBeat · Problem & Complication
06
The slide uses a four-quadrant layout to present distinct financial and strategic drivers.diagnose
Open slide detailBeat · Problem & Complication
07
The chart uses a timeline-based annotation style to correlate stock movements with specific corporate filings and announcements.compare_peers
Open slide detailBeat · Problem & Complication
08
The slide uses a funnel to define selection criteria and a bar chart to show performance outcomes.compare_peers
Open slide detailBeat · Problem & Complication
09
The slide uses a consistent color-coding scheme: dark blue for Elite, light blue for Gas Peers, and green for Antero.compare_peers
Open slide detailBeat · Problem & Complication
10
The slide uses a consistent color-coded bar chart format to compare three groups: Elite (dark blue), Gas Peers (light blue), and Antero (green).compare_peers
Open slide detailBeat · Evidence & ProofLoop · Zoom In
11
The slide presents two distinct peer groups: Gas-Weighted Peers and Elite E&P's, with Antero Resources highlighted at the bottom.compare_peers
Open slide detailBeat · Evidence & ProofLoop · Zoom In
12
The slide contrasts internal strategic pillars with external analyst quotes regarding execution risk.summarize
Open slide detailBeat · Evidence & ProofLoop · Zoom In
13
Includes projections for both E&P and AM (Antero Midstream) segments.summarize
Open slide detailBeat · Evidence & ProofLoop · Zoom In
14
The chart uses a waterfall structure to reconcile reported FCF to isolated E&P FCF by adjusting for specific items like AM distributions, water earn-outs, and lanalyze_data
Open slide detailBeat · Evidence & ProofLoop · Zoom In
15
The slide compares 'No Multiple Expansion' vs 'Elite Multiples Group' scenarios for share repurchases and provides a table of 9 historical buy-back events.quantify_impact
Open slide detailBeat · Solution & Approach
16
The table tracks 23 financial firms and provides summary statistics (High, Median, Low) and a count of target price adjustments.analyze_data
Open slide detailBeat · Solution & Approach
17
The slide uses three line charts stacked vertically to demonstrate the compounding effect of outperformance over longer time horizons.quantify_impact
Open slide detailBeat · Solution & Approach
18
front_matter
Open slide detailBeat · Solution & Approach
19
The slide uses a timeline-based event annotation overlay on a multi-line stock performance chart.analyze_data
Open slide detailBeat · Solution & Approach
20
Includes a line chart showing price performance and a table comparing valuation metrics pre- and post-Sailing Stone 13-D filing.analyze_data
Open slide detailBeat · Solution & Approach
21
Includes a line chart showing price performance and a table comparing financial metrics across two specific dates.analyze_data
22
The chart tracks the ratio from May 2017 to April 2018.analyze_data
23
The table highlights a clear trend of downward revisions in price targets across most financial institutions.analyze_data
24
The chart uses an exponential regression model to illustrate valuation dislocation.analyze_data
Open slide detailLoop · Cost Of Inaction
25
Includes CAGR calculation for EBITDA and coverage/leverage ratios.summarize
Open slide detailLoop · Cost Of Inaction
26
The table compares various midstream partnerships against Antero Midstream Partners LP, providing summary statistics (Low, Median, High).compare_peers
Open slide detailLoop · Cost Of Inaction
27
The chart displays a dual-axis view with absolute dollar values in bars and percentage growth/share as a line graph.analyze_data
Open slide detailLoop · Cost Of Inaction
28
The slide uses a mix of bar charts to compare Antero Midstream GP with EQT GP Holdings and Western Gas Equity Partners.compare_peers
Open slide detailLoop · Cost Of Inaction
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The table includes median calculations for sub-groups of companies.compare_peers
31
Includes CAGR column for 2018-2022. Footnote (1) explains a large one-time item in 2017A.analyze_data
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Includes 2018-2022 CAGR calculations for key metrics.analyze_data
33
The slide presents two distinct peer groups (Gas-Weighted and Elite E&P) followed by Antero's pre- and post-SailingStone 13D data.compare_peers
34
The slide presents financial data for two peer groups: Gas-Weighted Peers and Elite E&P's, including market data, valuation multiples, and growth metrics.compare_peers
35
Contains specific adjustments for E&P firm value calculations, asset sales, and conversion ratios.appendix