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  "documentTitle": "Baird | Investment Banking Pitch Book | 29 slides",
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  "presentationDate": "2018-07-01 00:00:00",
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  "nDataPoints": 28,
  "notes": "Includes projections for 2020E-2022E. Source: Antero management projections.",
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      "kind": "callout",
      "text": "AM receives the benefit of enhanced growth; AMGP's growth rate declines",
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      "kind": "callout",
      "text": "Coverage ratios have an impact on the amount of cash distributed to equity holders",
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      "text": "AM Total Coverage Ratio",
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      "text": "Source: Antero management projections. Note: Assumes AMGP purchases 100% of AM public units with 100% equity at a 1.600x exchange ratio; AMGP issues 299.3 million shares to current AM unitholders. Also assumes that AMGP issues 18.5 million shares in exchange for 100% of the Series B units.",
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