{
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  "docSlug": "c340e47f8331fcb6c83d8f335f2a81e5",
  "documentTitle": "Baird | Investment Banking Pitch Book | 8 slides",
  "authorId": "baird",
  "authorName": "Baird",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2018-10-01 00:00:00",
  "orientation": "landscape",
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  "pageNumber": 2,
  "pageCount": 8,
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  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "balanced",
  "nDataPoints": 24,
  "notes": "The slide uses a consistent color-coded legend for three peer groups across multiple bar charts.",
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  "slideHref": "/slides/019de50f-3596-75db-970c-ce823189d593/2",
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  "components": [
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        "h": 0.45,
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      "kind": "chart",
      "text": "Pro Forma AMGP vs. Peers Across Key Metrics",
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      "kind": "list",
      "text": "Pro Forma AMGP has positive characteristics that may result in improved valuation levels, primarily: A traditional C-Corp structure with traditional governance favored by investors; DCF, EBITDA and cash distribution growth superior to its potential new corporate peers; Conservative balance sheet with distribution coverage and leverage superior to its potential new corporate peers; A larger float, liquidity and access to institutional capital",
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      "kind": "source-note",
      "text": "Source: S&P Capital IQ. Midstream C-Corp peers include OKE, TRGP, WMB. E&P-Sponsored MLPs include: CNXM, EQM, HESM, NBLX, WES.",
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      "kind": "title",
      "text": "PRO FORMA AMGP CORP. VS PEERS",
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      "slug": "peer-gap-chart-recipe",
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      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
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      "parentBeatName": "Complication",
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      "structure": "Our Performance -> Industry Average -> Best-in-Class -> The Gap = The Opportunity",
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