{
  "docId": "019de074-32f2-720a-aabe-da047dccd75e",
  "docSlug": "fd0245175d846adbbff36802f1a44550",
  "documentTitle": "Evercore | Investment Banking Pitch Book | 63 slides",
  "authorId": "evercore",
  "authorName": "Evercore",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2023-01-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 38,
  "pageCount": 63,
  "prevPage": 37,
  "nextPage": 39,
  "slideType": "financial_analysis",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 40,
  "notes": "Includes COVID-19 impact annotations and management guidance on price differentials.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de074-32f2-720a-aabe-da047dccd75e/38",
  "deckHref": "/decks/019de074-32f2-720a-aabe-da047dccd75e",
  "deckJsonHref": "/decks/019de074-32f2-720a-aabe-da047dccd75e.json",
  "deckAnchorHref": "/decks/019de074-32f2-720a-aabe-da047dccd75e#slide-38",
  "components": [
    {
      "bbox": {
        "h": 0.07,
        "w": 0.48,
        "x": 0.46,
        "y": 0.54
      },
      "kind": "callout",
      "text": "Per SIRE management guidance, the appropriate differential vs. IHS is the 3-year average from 2018A to 2020A...",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b37a2921-21d1-46dd-b708-9486f64fa815",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.28,
        "w": 0.72,
        "x": 0.24,
        "y": 0.53
      },
      "kind": "chart",
      "text": "Exports Pricing Trend",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7ed6b41a-3bcc-4e71-a6ff-24903a0930e3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.28,
        "w": 0.72,
        "x": 0.24,
        "y": 0.21
      },
      "kind": "chart",
      "text": "Domestic Sales Pricing Trend",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ed2b6eac-1c07-43bb-b3cd-b1128cf091c0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.75,
        "x": 0.05,
        "y": 0.83
      },
      "kind": "source-note",
      "text": "Source: SIRE management, IHS. Note: SIRE netback pricing for domestic sales and exports is expressed as the gross realized price less the freight cost per metric ton sold...",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ca5abe44-3ad2-4a4a-9068-ee6878ca1d52",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.5,
        "x": 0.05,
        "y": 0.13
      },
      "kind": "title",
      "text": "Historical Net Realized Pricing Trends – SIRE vs. IHS",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3cef5ad0-b035-4a31-b07c-35075905ec61",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.5,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "Preliminary Valuation of SIRE Common Units",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "06924673-8089-4773-9a74-b2950fd2db46",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 58,
      "from": 36,
      "beatId": "830f3618-bcb9-4d64-a927-103a291bceaa",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "The deck presents a preliminary valuation of SIRE common units and sensitivity case assumptions.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [
    {
      "to": 41,
      "from": 37,
      "name": "Mece Breakdown",
      "slug": "40-mece-breakdown",
      "bestFor": "Problem structuring, ensuring completeness, strategic analysis",
      "matchId": "76771f9a-9ca4-4978-9b7c-ea07eb03ecbc",
      "evidence": "The deck provides a detailed breakdown of SIRE's financial projections and valuation methodology.",
      "position": 0,
      "objective": "To understand the preliminary valuation of SIRE common units",
      "structure": "The Whole -> Category A (distinct) -> Category B (distinct) -> Category C (distinct) -> Complete Coverage",
      "confidence": 0.7,
      "description": "Divide a complex topic into mutually exclusive, collectively exhaustive categories"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}