{
  "docId": "019de50f-3b3c-714c-9c2c-c2f457616c42",
  "docSlug": "30cc3afb3ec34309d63f151f86a16f36",
  "documentTitle": "Tudor, Pickering, Holt & Co | Investment Banking Pitch Book | 77 slides",
  "authorId": "tudor-pickering-holt-co",
  "authorName": "TPH",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2018-10-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3324081,
  "pageNumber": 27,
  "pageCount": 77,
  "prevPage": 26,
  "nextPage": 28,
  "slideType": "financial_analysis",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 24,
  "notes": "Includes specific calculations for AM Public Unitholders and AM-AR Units, including premiums to current unit prices.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50f-3b3c-714c-9c2c-c2f457616c42/27",
  "deckHref": "/decks/019de50f-3b3c-714c-9c2c-c2f457616c42",
  "deckJsonHref": "/decks/019de50f-3b3c-714c-9c2c-c2f457616c42.json",
  "deckAnchorHref": "/decks/019de50f-3b3c-714c-9c2c-c2f457616c42#slide-27",
  "components": [
    {
      "bbox": {
        "h": 0.03,
        "w": 0.18,
        "x": 0.805,
        "y": 0.015
      },
      "kind": "callout",
      "text": "CONFIDENTIAL DRAFT SUBJECT TO CHANGE",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5cb7e357-8182-4443-bf27-4e2d025d8786",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.2,
        "x": 0.05,
        "y": 0.11
      },
      "kind": "disclaimer",
      "text": "($ in millions, unless otherwise noted)",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d2c091bf-9b8f-478c-8b7f-be2d3cc68e91",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.5,
        "x": 0.05,
        "y": 0.945
      },
      "kind": "source-note",
      "text": "Source: Company filings, and FactSet as of 10/3/2018. (1) VWAP calculated as follows ((Sum of Daily VWAP)*(Sum of Daily Traded Value)) / (Sum of Daily Traded Value). (2) All cash adjustments to XR calculations utilize 20-day VWAP AMGP pricing.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bc8ad631-d298-4879-88d6-caef92d3a83f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.73,
        "w": 0.414,
        "x": 0.293,
        "y": 0.185
      },
      "kind": "table",
      "text": "AMGP Proposal - XR Calculations table showing VWAP, market prices, exchange ratios, and implied market values.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "925ef14e-5dd0-4f9c-939b-801c9006a10f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.45,
        "x": 0.05,
        "y": 0.04
      },
      "kind": "title",
      "text": "Analysis of Transaction",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ad1a466b-7cfb-44f5-ba91-59b6ab95907a",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "d8dbbfcf-c42c-4148-adfe-66a66f8bff25",
      "evidence": "AMGP Proposal - XR Calculations table showing VWAP, market prices, exchange ratios, and implied market values.",
      "confidence": 0.8
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 77,
      "from": 26,
      "beatId": "107f6da8-d2d5-48c0-b61e-2e95e42b63ba",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "The document discusses the pro forma impact, accretion/dilution analysis, and conclusions.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}