{
  "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": 46,
  "pageCount": 120,
  "prevPage": 45,
  "nextPage": 47,
  "slideType": "financial_analysis",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 63,
  "notes": "The slide presents five distinct sensitivity tables (3 for Stand Alone, 2 for PF) showing the impact of varying discount rates and multiples/yields on implied share price.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50f-147d-708d-960a-28704d3e8b6a/46",
  "deckHref": "/decks/019de50f-147d-708d-960a-28704d3e8b6a",
  "deckJsonHref": "/decks/019de50f-147d-708d-960a-28704d3e8b6a.json",
  "deckAnchorHref": "/decks/019de50f-147d-708d-960a-28704d3e8b6a#slide-46",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.18,
        "x": 0.8,
        "y": 0.02
      },
      "kind": "callout",
      "text": "CONFIDENTIAL DRAFT SUBJECT TO CHANGE",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1d4f2b3a-4356-48d2-b75e-4cc436e7adc8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.7,
        "x": 0.05,
        "y": 0.094
      },
      "kind": "source-note",
      "text": "Source: Management projections and FactSet as of 6/21/18. (1) Unlevered free cash flow defined as PF AMGP EBITDA less cash taxes and capital expenditures. Implied equity value per share backs out implied AM Q2 2018 net debt per share.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f272e5e1-36ac-4309-9388-9f410bae026d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.45,
        "x": 0.05,
        "y": 0.14
      },
      "kind": "table",
      "text": "Stand Alone AMGP Implied Share Price sensitivity tables",
      "attrs": null,
      "subkind": "valuation",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "492c2719-aba9-4905-870b-c1980cbcf9ec",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.8,
        "w": 0.45,
        "x": 0.52,
        "y": 0.14
      },
      "kind": "table",
      "text": "PF AMGP Implied Share Price sensitivity tables",
      "attrs": null,
      "subkind": "valuation",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bc67bbbb-5726-4960-b0ff-023eed168018",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.05,
        "y": 0.02
      },
      "kind": "title",
      "text": "Has / Gets Analysis | AR Downside Volumes Case",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b0956d06-2d84-4db2-81c3-29ac6a86d987",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "ac255b55-1ad1-4699-be59-e04cd464ca81",
      "evidence": "Has / Gets Analysis",
      "confidence": 0.7
    }
  ],
  "frameworks": [
    {
      "name": "sensitivity-analysis",
      "slug": null,
      "matchId": "b7a9a23b-a3d4-489e-a357-258665946800",
      "evidence": "The slide uses multiple tables to show how share price changes based on varying discount rates and valuation multiples.",
      "confidence": 1
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}