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  "documentTitle": "Baird | Investment Banking Pitch Book | 8 slides",
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  "authorName": "Baird",
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  "presentationDate": "2018-10-01 00:00:00",
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  "density": "balanced",
  "nDataPoints": 150,
  "notes": "The table segments companies into C-Corp and E&P G&P categories, with AMGP PF and AM SQ highlighted at the bottom.",
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      "text": "Source: S&P Capital IQ, SEC Filings and Antero management. Market data is as of October 5, 2018. (1) EBITDA less projected GP/IDR distributions. (2) Defined as Price per LP unit divided by cash available for distribution to the LP unit holders under a full payout scenario. (3) Assumes AMGP purchases 100% of AM public units (188.1 million on a fully diluted basis) with a combination of equity and cash; AMGP issues 304.3 million shares to current AM unitholders. Also assumes that AMGP issues 17.354 million shares in exchange for 100% of the Series B units. (4) Represents pro forma net debt / LTM EBITDA as of 1/1/19.",
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      "text": "PRO FORMA AMGP CORP VS. PEERS",
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      "text": "Selected Midstream Valuations",
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