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  "notes": "Includes sensitivity tables for both 'Modified Coverage Case' and 'Management Case'.",
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      "text": "Source: Antero management. Assumes present value date as of October 5, 2018. (1) Represents midpoint of Baird's selected AMGP WACC sensitivity range (see page 53). (2) Represents median of comparable transactions (see page 66). (3) Based on 2022E unlevered free cash flow of $414 million. (4) Represents estimated net debt and common shares outstanding as of September 30, 2018.",
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