{
  "docId": "019de50f-147d-708d-960a-28704d3e8b6a",
  "docSlug": "e53f97f7ac003b5df756ebb6f45df7ff",
  "documentTitle": "Tudor, Pickering, Holt &amp; Co | Investment Banking Pitch Book | 123 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": 104,
  "pageCount": 120,
  "prevPage": 103,
  "nextPage": 105,
  "slideType": "financial_analysis",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 48,
  "notes": "Includes CAGR projections for 2019E-2022E. Analyst coverage data provided in commentary section.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50f-147d-708d-960a-28704d3e8b6a/104",
  "deckHref": "/decks/019de50f-147d-708d-960a-28704d3e8b6a",
  "deckJsonHref": "/decks/019de50f-147d-708d-960a-28704d3e8b6a.json",
  "deckAnchorHref": "/decks/019de50f-147d-708d-960a-28704d3e8b6a#slide-104",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.18,
        "x": 0.8,
        "y": 0.01
      },
      "kind": "callout",
      "text": "CONFIDENTIAL DRAFT SUBJECT TO CHANGE",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0109f108-78de-442c-8dd5-f5f49c7e3e84",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.45,
        "x": 0.51,
        "y": 0.55
      },
      "kind": "chart",
      "text": "Distributions per Unit projections",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2a99d87f-5cf8-4daa-9ed9-2bdcfb0a1785",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.45,
        "x": 0.04,
        "y": 0.55
      },
      "kind": "chart",
      "text": "Distributable Cash Flow / LP Unit projections",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4eb7ae9b-c7ab-4649-b844-9c91042e312e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.45,
        "x": 0.51,
        "y": 0.15
      },
      "kind": "chart",
      "text": "EBITDA projections",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d10a056a-7369-43bd-b6be-d28d0a8d2cf3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.2,
        "w": 0.4,
        "x": 0.04,
        "y": 0.2
      },
      "kind": "list",
      "text": "AM is covered by 17 analysts as compared to 27 for AR and 13 for AMGP. Median price target of $36.00 as of 6/21/18. Average price target range of $25.00 - $40.00 as of 6/21/18.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3077eb2e-5b88-48d0-9969-7fe2327bf4c5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.35,
        "x": 0.04,
        "y": 0.97
      },
      "kind": "source-note",
      "text": "Source: Management Projections, Thomson One, FactSet as of 6/21/18.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3ebb8079-ee46-4cc5-86bd-1e8359848fed",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.25,
        "x": 0.04,
        "y": 0.03
      },
      "kind": "title",
      "text": "AM Status Quo",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d1e607a3-2f6c-4861-9385-2169f73d8a14",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.65,
        "x": 0.04,
        "y": 0.07
      },
      "kind": "title",
      "text": "AR Base Volumes Case, AR Downside Volumes Case, and Wall Street Consensus",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d6fa2146-6e83-497e-aa20-66962efa6b1f",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Chart Selection Guide",
      "slug": "chart-selection-guide",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "adcfb730-68fa-4084-a279-b0f6ccd2dd32",
      "evidence": "chart/line: Distributable Cash Flow / LP Unit projections, chart/line: Distributions per Unit projections, chart/line: EBITDA projections",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}