Tudor Pickering Holt · consulting-deck
Tudor, Pickering, Holt & Co | Investment Banking Pitch Book | 90 slides
90 pages · 3 arc beats · 2 loops
Tudor, Pickering, Holt & Co | Investment Banking Pitch Book | 90 slides
Tudor Pickering Holt · 2018-06 arc beats above · slides in the middle · loops below · scroll → 2 LOOPS
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Deck intelligence map
3 coverage by narrative range · generated from this deck JSON
Narrative range 18 total
Metadata
Components
Metrics
Tools
Frameworks
Beats
Loops
Situation & Context 3 slides 100% 3/3 slides 100% 3/3 slides · 11 hits — 0/3 slides
— 0/3 slides
33.3% 1/3 slides 100% 3/3 slides — 0/3 slides
Problem & Complication 3 slides 100% 3/3 slides 100% 3/3 slides · 20 hits — 0/3 slides
33.3% 1/3 slides 33.3% 1/3 slides 100% 3/3 slides — 0/3 slides
Solution & Approach 12 slides 100% 12/12 slides 100% 12/12 slides · 80 hits — 0/12 slides
50% 6/12 slides 8.3% 1/12 slides 100% 12/12 slides — 0/12 slides
Slide inventory
90 every slide · same image gating as the playbook
05
Includes a detailed ownership table and a financial metrics table for AR, AM, and AMGP.present_framework
Open slide detailBeat · Situation & Context
06
The chart uses a multi-line format to compare performance against peers, with specific callouts for equity issuance events (primary vs secondary) and major newsanalyze_data
Open slide detailBeat · Problem & Complication
07
Includes a table for adjusted XR calculation and a stacked bar chart for distribution splits.analyze_data
Open slide detailBeat · Problem & Complication
08
The slide uses a bar-chart-based comparison of analyst price targets against current and median price targets for three different companies.compare_peers
Open slide detailBeat · Problem & Complication
10
The slide uses a waterfall-style bar chart for breakevens and a stacked bar chart for production growth, complemented by a pie chart for percentage contributionanalyze_data
Open slide detailBeat · Solution & Approach
11
Includes forward curves for gas and NGL performance data.analyze_data
Open slide detailBeat · Solution & Approach
12
The slide compares AMGP with WGP and EQGP across various financial indicators. Includes confidential draft watermark.compare_peers
Open slide detailBeat · Solution & Approach
13
The slide uses a color-coded legend to categorize peers by sponsorship and growth profile (E&P Sponsored, High-Growth & E&P Sponsored, Other High-Growth MLP).compare_peers
Open slide detailBeat · Solution & Approach
14
Includes median lines for all four metrics. Data sourced from FactSet and company filings.analyze_data
Open slide detailBeat · Solution & Approach
15
Includes regression analysis with and without AMGP. Companies are labeled with ticker symbols.analyze_data
Open slide detailBeat · Solution & Approach
17
Includes specific commodity price decks and well completion projections for base vs. downside cases.analyze_data
Open slide detailBeat · Solution & Approach
18
Includes a small table for Cumulative Free Cash Flow scenarios.analyze_data
Open slide detailBeat · Solution & Approach
19
Includes a small table comparing cumulative free cash flow across three scenarios.analyze_data
Open slide detailBeat · Solution & Approach
20
Includes a small table comparing cumulative FCF across three scenarios (Base, Downside Pricing, Downside).analyze_data
Open slide detailBeat · Solution & Approach
21
Includes CAGR calculations and YoY growth metrics.analyze_data
Open slide detailLoop · Cost Of Inaction
23
Includes confidential draft disclaimer and detailed footnotes regarding valuation methodology.analyze_data
Open slide detailLoop · Cost Of Inaction
24
Includes detailed breakdown of IDR LLC cash flows and Series B unit valuation metrics.analyze_data
Open slide detailLoop · Cost Of Inaction
25
Includes CAGR projections for 2018E-2022E across three scenarios.analyze_data
Open slide detailLoop · Cost Of Inaction
27
Includes detailed valuation metrics such as EV/EBITDA, Price/DCF, and distribution yields.compare_peers
Open slide detailLoop · Cost Of Inaction
28
Includes summary statistics (median/mean) for affiliate vs 3rd party transactions.cite_precedent
Open slide detailLoop · Cost Of Inaction
29
Includes two sensitivity matrices (Discount Rate vs. Multiple/Yield) and two detailed DCF calculation tables.analyze_data
Open slide detailLoop · Cost Of Inaction
30
The chart illustrates sensitivity to yield assumptions on future unit price.analyze_data
Open slide detailLoop · Cost Of Inaction
31
Includes sensitivity tables for discount rates vs multiples/yields and supplemental calculation details for terminal value.analyze_data
Open slide detailLoop · Quick Win Big Bet
32
The chart illustrates sensitivity to yield (6%, 7%, 8%) against a baseline current unit price.quantify_impact
Open slide detailLoop · Quick Win Big Bet
33
Uses a tornado-style chart to visualize valuation ranges relative to a fixed current unit price.analyze_data
Open slide detailLoop · Quick Win Big Bet
35
Includes confidential draft disclaimer and detailed footnotes regarding calculation methodologies.compare_peers
Open slide detailLoop · Quick Win Big Bet
36
The slide contains two primary sensitivity tables and two detailed calculation tables for valuation.analyze_data
Open slide detailLoop · Quick Win Big Bet
37
The chart illustrates sensitivity to yield (4.0%, 5.5%, 7.0%) on future share price projections.analyze_data
Open slide detailLoop · Quick Win Big Bet
38
Includes two sensitivity tables (Discount Rate vs. EBITDA Multiple and Discount Rate vs. Distribution Yield) and two detailed DCF calculation tables.analyze_data
Open slide detailLoop · Quick Win Big Bet
39
The chart displays three trend lines representing different yield scenarios (4.0%, 5.5%, 7.0%) over four years (2018E-2021E), with a horizontal dashed line indianalyze_data
Open slide detailLoop · Quick Win Big Bet
40
Uses a waterfall-style bar chart to show valuation ranges across different methodologies.analyze_data
Open slide detailLoop · Quick Win Big Bet
42
Includes confidential draft disclaimer and footnotes regarding calculation methodology.compare_options
43
The slide compares ownership splits and exchange ratios, highlighting a proposal of 1.600x.analyze_data
45
The slide compares implied ownership percentages and exchange ratios against a 1.600x proposal line.analyze_data
46
The slide presents a 'Downside Volumes Case' for a transaction, likely a merger or restructuring, showing how different valuation metrics impact ownership and eanalyze_data
47
The slide presents two sets of sensitivity tables (Base and Downside cases) comparing AM and AMGP valuations to derive implied exchange ratios.analyze_data
48
The slide presents a matrix of financial outcomes (AM vs AMGP with Series B Exchange) and the resulting implied exchange ratios.analyze_data
49
The slide presents PV of Future Share Price (FSP) at a 10% discount rate for AM and AMGP entities, calculating the resulting exchange ratios.analyze_data
53
Includes sensitivity analysis tables for various exchange ratios (XRs).analyze_data
55
The slide uses a sensitivity analysis framework to show financial outcomes across two variables.analyze_data
56
Includes regression analysis with and without AMGP. Data points are labeled with ticker symbols.analyze_data
57
Includes specific footnotes regarding calculation methodologies for DCF and CAGR.compare_peers
58
Valuation effective date: 6/30/2018. Source: Management projections and FactSet as of 6/8/18.analyze_data
59
The slide presents sensitivity tables for valuation metrics. The 'Has/Gets' terminology is standard in M&A to compare current value vs. pro-forma value.analyze_data
60
The slide uses a 2x2 grid of line charts to show valuation projections over time (2018E-2021E) based on varying yield percentages.analyze_data
62
The table displays a matrix of implied AM unit prices across different exchange ratios (rows) and dividend yields (columns).analyze_data
64
Includes detailed tax calculations for average unitholders vs IPO investors and a 4-year post-tax distribution forecast.analyze_data
65
Includes detailed breakdown of operating income, tax adjustments, and per-share distribution metrics.analyze_data
66
Includes sensitivity analysis tables for various exchange ratios (XRs).analyze_data
67
Includes sensitivity analysis table for exchange ratios and a detailed calculation table for after-tax XR.analyze_data
68
The slide presents a financial calculation breakdown for exchange ratios.analyze_data
78
The table includes a comparison of historical transactions against the Antero Midstream GP LP / Antero Midstream Partners LP transaction.cite_precedent
79
Includes a sensitivity table for NOL valuation based on discount rate and utilization period.analyze_data
81
Includes a confidential draft disclaimer and detailed footnotes regarding methodology for growth estimates and beta adjustments.compare_peers
82
Includes two distinct valuation approaches: yield-based (expected total return) and CAPM-based (Barra Beta).compare_peers
83
The table includes a footer with source information and a footnote explaining the calculation of 'Expected Growth'.compare_peers
84
Confidential draft; includes detailed footnotes regarding methodology and data sources.analyze_data
86
Includes confidential draft watermark; data source DrillingInfo, IHS, Company data.analyze_data
87
Includes confidential draft disclaimer and detailed footnotes regarding methodology and data sources.analyze_data
89
The slide uses a dual-chart layout to compare operational efficiency metrics across industry peers.compare_peers