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  "authorName": "Tudor Pickering Holt",
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  "notes": "The table compares market data (Unit Price, Equity Value, TEV, Yield, Growth, DCF, EBITDA multiples, Coverage) for specific industry peers.",
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      "text": "CONFIDENTIAL DRAFT SUBJECT TO CHANGE",
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      "text": "Source: FactSet as of 6/21/18 and Wall Street research. (1) For C-corps, CAGR calculated using Q4 2017 dividend annualized and 2020E dividend. (2) Calculated as equity value to LP DCF. (3) DCF calculated as EBITDA less interest expense and maintenance capital. (4) Defined as high-growth MLP if current - 2020E distribution growth CAGR is greater than 10%.",
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      "text": "PF AMGP Selected Public Trading Comparables",
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