{
  "docId": "019de50f-4c54-7197-aa56-5a04370a8d22",
  "docSlug": "77ca94e2aafb9f5129eb65f3a51d7e44",
  "documentTitle": "Tudor, Pickering, Holt &amp; Co | Investment Banking Pitch Book | 75 slides",
  "authorId": "tudor-pickering-holt-co",
  "authorName": "Tudor, Pickering, Holt & Co",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2019-01-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3314841,
  "pageNumber": 24,
  "pageCount": 75,
  "prevPage": 23,
  "nextPage": 25,
  "slideType": "financial_analysis",
  "function": "quantify_impact",
  "density": "balanced",
  "nDataPoints": 10,
  "notes": "The chart uses a line graph to illustrate valuation sensitivity to yield assumptions over a three-year period (2019E-2021E).",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50f-4c54-7197-aa56-5a04370a8d22/24",
  "deckHref": "/decks/019de50f-4c54-7197-aa56-5a04370a8d22",
  "deckJsonHref": "/decks/019de50f-4c54-7197-aa56-5a04370a8d22.json",
  "deckAnchorHref": "/decks/019de50f-4c54-7197-aa56-5a04370a8d22#slide-24",
  "components": [
    {
      "bbox": {
        "h": 0.5,
        "w": 0.8,
        "x": 0.05,
        "y": 0.15
      },
      "kind": "chart",
      "text": "Projected share price lines for 7%, 8%, and 9% yields",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bf964a89-3374-4617-b963-dbd5f16b877f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.05,
        "y": 0.75
      },
      "kind": "list",
      "text": "Assumptions: Management projections, Valuation date 12/31/18, Future share price = FY1 annual distributions / yield, Discounted to 12/31/18 at 10% cost of equity",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4d666e76-24a0-4303-9207-d79d3c4ee337",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.4,
        "x": 0.05,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "Source: Management projections and FactSet as of 1/4/2019. Note: Valuation based on annual distributions. Net of Series B value.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7e561c14-1e65-4da4-a035-6fa1caaa1dc6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.05,
        "y": 0.05
      },
      "kind": "title",
      "text": "AMGP Illustrative Discounted Future Value",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "086da475-ad20-4633-abd1-8eb644625cd2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.3,
        "x": 0.05,
        "y": 0.1
      },
      "kind": "title",
      "text": "AR Upside Volumes Case",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8d4399b9-f29a-48c3-a12c-63b480bc48bb",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "3c8ad522-15a6-40be-bf08-2d533b21ab15",
      "evidence": "chart/line: Projected share price lines for 7%, 8%, and 9% yields",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 42,
      "from": 18,
      "beatId": "c44c68f7-9479-42d4-84ce-fa82b87904e6",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "The document provides extensive financial data and analysis to support the proposed transaction",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}