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  "documentTitle": "Tudor, Pickering, Holt & Co | Investment Banking Pitch Book | 123 slides",
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  "authorName": "Tudor Pickering Holt",
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  "notes": "Includes a confidential draft watermark and source citation.",
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      "text": "CONFIDENTIAL DRAFT SUBJECT TO CHANGE",
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      "text": "Historical AR Tax Assets & Liabilities",
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      "text": "Assumptions: ~$3.0 billion of U.S. federal NOLs... ~$2.3 billion of state NOLs... Tax shields eliminate cash taxes entirely through 2021",
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