{
  "docId": "019de50e-fa10-707e-be33-b05bae95ee1b",
  "docSlug": "b0c5094c81a9232f6c7c6579cb4ed098",
  "documentTitle": "Antero Midstream Partners | Mergers and Acquisitions Presentation Deck | 69 slides",
  "authorId": "antero-midstream-partners",
  "authorName": "Antero Resources",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2018-03-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.294673,
  "pageNumber": 21,
  "pageCount": 69,
  "prevPage": 20,
  "nextPage": 22,
  "slideType": "financial_analysis",
  "function": "quantify_impact",
  "density": "dense",
  "nDataPoints": 60,
  "notes": "The slide shows a series of bar charts comparing standalone vs pro forma performance from 2018E to 2022E.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50e-fa10-707e-be33-b05bae95ee1b/21",
  "deckHref": "/decks/019de50e-fa10-707e-be33-b05bae95ee1b",
  "deckJsonHref": "/decks/019de50e-fa10-707e-be33-b05bae95ee1b.json",
  "deckAnchorHref": "/decks/019de50e-fa10-707e-be33-b05bae95ee1b#slide-21",
  "components": [
    {
      "bbox": {
        "h": 0.35,
        "w": 0.4,
        "x": 0.06,
        "y": 0.1
      },
      "kind": "chart",
      "text": "Distributable Cash Flow / Unit",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0bc8f52a-0274-44a2-8c05-aa9b493e87fb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.4,
        "x": 0.06,
        "y": 0.55
      },
      "kind": "chart",
      "text": "Total Coverage",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "56c223a9-9cb6-45eb-aaa4-269e04f490aa",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.4,
        "x": 0.55,
        "y": 0.1
      },
      "kind": "chart",
      "text": "Distribution / Unit",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "84f4a3ca-d5ca-4992-9d31-026d50367459",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.4,
        "x": 0.55,
        "y": 0.55
      },
      "kind": "chart",
      "text": "DPS CAGR vs. 2018",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f58e3905-4964-4d9d-992a-a34a7b1474ec",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.15,
        "x": 0.45,
        "y": 0.88
      },
      "kind": "legend",
      "text": "Standalone vs Pro Forma",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f28cb286-b88c-4b40-80db-fcc504c75e7a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.4,
        "x": 0.05,
        "y": 0.9
      },
      "kind": "source-note",
      "text": "Note: Assumes AMGP purchases 100% of AM public units with 100% equity at a 1.813x exchange ratio (15% illustrative premium); AMGP issues approximately 340mm shares to current AM unitholders; pro forma implied yield based on current market price",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f702b398-ee08-42cd-b586-56f862b5cc1a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.05,
        "y": 0.02
      },
      "kind": "title",
      "text": "Pro Forma Impact to AMGP",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f2dec2e0-3be6-4b51-89a4-5f9879065a79",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "5e6a078c-3495-4072-add5-19b5b96429da",
      "evidence": "chart/bar-grouped: Distributable Cash Flow / Unit",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 40,
      "from": 21,
      "beatId": "5e0a04a4-aa99-440d-8e77-639e90bf8bb9",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Solution & Approach",
      "beatSlug": "consultants-gambit-solution-approach",
      "evidence": "The presentation evaluates potential strategic alternatives and their financial implications",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}