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  "documentTitle": "Baird | Investment Banking Pitch Book | 35 slides",
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  "authorName": "Baird",
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  "presentationDate": "2018-04-01 00:00:00",
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  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "overcrowded",
  "nDataPoints": 24,
  "notes": "The slide uses a consistent color-coded bar chart format to compare three groups: Elite (dark blue), Gas Peers (light blue), and Antero (green).",
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      "text": "E&P EV / 2018E EBITDAX",
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      "text": "2018E LEVERAGE",
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      "text": "E&P ENTERPRISE VALUE",
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      "text": "CASH FLOW GROWTH",
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      "kind": "source-note",
      "text": "Source: Company filings, S&P Capital IQ and Wall Street research as of April 17, 2018. Note: E&P firm value adjusted to remove public ownership of MLP holdings at a 10% discount, where applicable. EBITDAX and DCF adjusted to remove contribution of midstream business.",
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      "text": "AR vs. Peers vs. Elite E&Ps across selected operational metrics",
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