{
  "docId": "019de50f-1364-749e-9abe-6e485f56f258",
  "docSlug": "91922a389b755372ea10d1d34801a88d",
  "documentTitle": "Tudor, Pickering, Holt & Co | Investment Banking Pitch Book | 90 slides",
  "authorId": "tudor-pickering-holt-co",
  "authorName": "Tudor Pickering Holt",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2018-06-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3464235,
  "pageNumber": 6,
  "pageCount": 90,
  "prevPage": 5,
  "nextPage": 7,
  "slideType": "timeline",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 10,
  "notes": "The chart uses a multi-line format to compare performance against peers, with specific callouts for equity issuance events (primary vs secondary) and major news.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50f-1364-749e-9abe-6e485f56f258/6",
  "deckHref": "/decks/019de50f-1364-749e-9abe-6e485f56f258",
  "deckJsonHref": "/decks/019de50f-1364-749e-9abe-6e485f56f258.json",
  "deckAnchorHref": "/decks/019de50f-1364-749e-9abe-6e485f56f258#slide-6",
  "components": [
    {
      "bbox": {
        "h": 0.65,
        "w": 0.9,
        "x": 0.05,
        "y": 0.2
      },
      "kind": "chart",
      "text": "Relative performance line chart",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2e7d0044-d160-4eb2-8935-d5cfa5081790",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.75,
        "x": 0.05,
        "y": 0.9
      },
      "kind": "disclaimer",
      "text": "Source: Company filings, FactSet as of 6/8/18. Note: AM peers include BPMP, CNXM, DM, EQM, HESM, NBLX, SHLX, WES, and VLP. AMGP peers include EQGP and WGP. Note: AM peer selection considered E&P sponsored MLPs and high-growth MLPs, categorized as such if current - 2022E distribution growth CAGR is greater than 10%. (1) Indexed values reflect total return on investment. Distributions and dividends reinvested at current market price on date paid. (2) AM price performance indexed to IPO price of $25.00 and AMGP price performance indexed to IPO price of $23.50.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cad20b54-1b90-4789-bd4c-a9e7ba4ed4cd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.85,
        "x": 0.08,
        "y": 0.13
      },
      "kind": "legend",
      "text": "AM, AM Peers, AMGP, AMGP Peers, AR, AM Equity Issuance, Primary Issuance, Secondary Issuance",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "18a3ab82-7442-4c3e-8256-5ca2b3b6267b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.05,
        "y": 0.05
      },
      "kind": "title",
      "text": "Antero Midstream Timeline",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e9f6c5e6-c425-4ac2-98cb-43614391b16d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.4,
        "x": 0.05,
        "y": 0.1
      },
      "kind": "title",
      "text": "Relative Performance Since AM IPO (11/5/2014)(1,2)",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d52f0b78-b260-4f1b-a9c9-f677cd842198",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "timeline",
      "slug": null,
      "matchId": "e87ca9ae-0297-493a-a294-a0d65a0c554f",
      "evidence": "Chronological mapping of stock performance and corporate events.",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 8,
      "from": 6,
      "beatId": "4c796de0-88dd-4fd8-b3e0-d7c7ab32ed7a",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Problem & Complication",
      "beatSlug": "consultants-gambit-problem-complication",
      "evidence": "The document discusses the complications arising from the simplification of AMGP.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}