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  "documentTitle": "Tudor, Pickering, Holt &amp; Co | Investment Banking Pitch Book | 123 slides",
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  "authorName": "Tudor Pickering Holt",
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  "notes": "The chart includes a dashed line representing the current share price ($19.11) for comparison against the projected values.",
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      "text": "Line chart showing projected share values at 4.0%, 5.5%, and 7.0% yields",
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      "text": "Assumptions: Management projections, Valuation date 6/30/18, Future share price = FY1 annual distributions / yield, Discounted to 6/30/18 at 10% cost of equity, Interim distributions discounted upon receipt to 6/30/18",
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      "text": "Source: Management projections and FactSet as of 6/21/18. Note: Valuation based on annual distributions. Net of Series B value.",
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      "text": "AR Base Volumes Case",
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