{
  "docId": "019de50f-2706-763f-9734-587d3867eb97",
  "docSlug": "c7d3c8c12b4d90d2695b3c13312f33b0",
  "documentTitle": "Tudor, Pickering, Holt & Co | Investment Banking Pitch Book | 122 slides",
  "authorId": "tudor-pickering-holt-co",
  "authorName": "Tudor Pickering Holt",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2018-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3426573,
  "pageNumber": 66,
  "pageCount": 120,
  "prevPage": 65,
  "nextPage": 67,
  "slideType": "sensitivity_analysis",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 90,
  "notes": "Includes five separate sensitivity tables for valuation scenarios.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50f-2706-763f-9734-587d3867eb97/66",
  "deckHref": "/decks/019de50f-2706-763f-9734-587d3867eb97",
  "deckJsonHref": "/decks/019de50f-2706-763f-9734-587d3867eb97.json",
  "deckAnchorHref": "/decks/019de50f-2706-763f-9734-587d3867eb97#slide-66",
  "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": "2e9ee42e-cb9a-459b-9dc6-4c1bf348c7d1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.7,
        "x": 0.05,
        "y": 0.92
      },
      "kind": "disclaimer",
      "text": "Source: Management projections and FactSet as of 8/10/2018. Note: Utilizes adjusted PF AMGP Management coverage: implied distribution / dividend breakeven coverage ratio in 2018E and PF AMGP Management coverage in 2019E+. (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": "21e39785-cded-483a-a248-28240e9d80ad",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.8,
        "w": 0.45,
        "x": 0.52,
        "y": 0.15
      },
      "kind": "table",
      "text": "PF AMGP Implied Share Price sensitivity tables",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2058473c-43e8-4f80-b6ed-ca12c1ef6412",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.45,
        "x": 0.05,
        "y": 0.15
      },
      "kind": "table",
      "text": "Stand Alone AMGP Implied Share Price sensitivity tables",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ff8b588b-65b4-4544-90b5-917ca3f2871e",
      "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": "bbd91136-f317-4419-8293-75faa422caf7",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "4287dd0b-4c76-41bf-83b7-b5bbc97f203e",
      "evidence": "table/data: Stand Alone AMGP Implied Share Price sensitivity tables",
      "confidence": 0.9
    }
  ],
  "frameworks": [
    {
      "name": "sensitivity_analysis",
      "slug": null,
      "matchId": "78fefbac-1523-428a-9037-e941642b9a56",
      "evidence": "Multiple tables showing impact of varying discount rates and multiples on share price.",
      "confidence": 1
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}