Antero Midstream Partners | Investor Conference Presentation Deck | 40 slides

Antero Resources · 2019-02
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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Slide inventory

40
every slide · same image gating as the playbook
01
Slide 1
front_matter
04
Includes a map of acreage in Ohio, Pennsylvania, and West Virginia.analyze_data
05
Shows the relationship between Antero Resources (AR) and Antero Midstream (AM) with a geographic map of their operational footprint.summarize
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summarize
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Uses a balance scale metaphor to illustrate the trade-off between lower and higher price environments.propose_solution
08
The slide uses a dual-scenario framework to illustrate strategic flexibility based on commodity prices.plan_implementation
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summarize
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Uses red 'X' marks to denote eliminated entities/interests and red arrows to show the transition to the new structure.present_solution
Open slide detailLoop · Before After
11
The chart uses a dual-axis approach to show volume (bars) and price (lines).analyze_data
Open slide detailLoop · Before After
12
Includes specific netback calculations for Europe and Asia markets compared to domestic benchmarks.quantify_opportunity
Open slide detailLoop · Before After
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The chart uses a combination of stacked area for historical/projected capacity and a line/band overlay for production targets.analyze_data
Open slide detailLoop · Before After
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The slide uses a bridge diagram to show the reallocation of market volumes between 2018 and 2019.analyze_data
Open slide detailLoop · Before After
15
The chart illustrates the difference between Antero's realized differential (stable) and the general Appalachian market (volatile).present_solution
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The slide uses a dual-chart layout to demonstrate financial outperformance relative to peers.compare_peers
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front_matter
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Uses a dual-chart layout to highlight market leadership in both current production and future inventory.compare_peers
Open slide detailBeat · Market Size
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The chart uses a specific highlight (darker bar and red dashed border) to draw attention to Antero Resources.compare_peers
Open slide detailBeat · Market Size
20
The chart uses a 'base decline' visualization to highlight the 'treadmill' effect in oil and gas production.diagnose_problem
Open slide detailBeat · ProblemLoop · Cost Of Inaction
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The chart uses a 'wedge' visualization to show the decline of existing production versus the need for new supply.quantify_opportunity
Open slide detailBeat · ProblemLoop · Cost Of Inaction
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The slide uses two pie charts to segment the 77 Tcf of new supply needed through 2023.analyze_data
Open slide detailBeat · ProblemLoop · Cost Of Inaction
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The chart uses a dashed red line to represent the $2.67/MMBtu strip price, with bars below this line representing profitable drilling inventory.analyze_data
Open slide detailLoop · Cost Of Inaction
24
The slide uses a combination of historical data and forward-looking projections to justify a bullish price outlook.preempt_rebuttal
Open slide detailLoop · Cost Of Inaction
25
The slide uses a map to visualize the geographic footprint of the infrastructure.present_solution
Open slide detailBeat · Solution
26
Includes a dual-axis chart (bar for dividend, line for DCF coverage) and a comparison table for financial growth.analyze_data
Open slide detailBeat · Solution
27
The slide uses a dual-scenario projection to illustrate financial flexibility and dividend support.analyze_data
Open slide detailBeat · Solution
28
The chart uses a stacked area approach to visualize the gap between DCF and Growth Capex over time.quantify_opportunity
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The diagram uses a central pillar structure to connect operational strengths to shareholder value outcomes.summarize
31
The slide uses a red box to highlight the two primary entities being compared and a red oval to highlight the pro forma leverage ratios.analyze_data
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Includes footnotes regarding pricing assumptions and expense definitions.analyze_data
33
The chart uses a waterfall-bridge structure to explain cost variance.present_solution
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The slide uses red arrows to highlight performance improvements (or reductions in time) over the 2014-2018 period.analyze_data
35
This slide serves as a technical appendix for financial terminology.other
36
Standard financial disclosure slide found in investor presentations.other
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Standard financial disclosure slide for non-GAAP reconciliations.other
38
The table lists various non-cash and non-recurring items such as derivative gains/losses, interest, taxes, and depreciation.analyze_data
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The slide provides a detailed breakdown of revenue and cost components to arrive at the E&P EBITDAX Margin.analyze_data
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Standard financial disclosure slide for non-GAAP metrics.analyze_data