{
  "docId": "019de50f-4c54-7197-aa56-5a04370a8d22",
  "docSlug": "77ca94e2aafb9f5129eb65f3a51d7e44",
  "documentTitle": "Tudor, Pickering, Holt & 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": 49,
  "pageCount": 75,
  "prevPage": 48,
  "nextPage": 50,
  "slideType": "financial_analysis",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 60,
  "notes": "Includes detailed tax basis, distribution, and terminal value calculations.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50f-4c54-7197-aa56-5a04370a8d22/49",
  "deckHref": "/decks/019de50f-4c54-7197-aa56-5a04370a8d22",
  "deckJsonHref": "/decks/019de50f-4c54-7197-aa56-5a04370a8d22.json",
  "deckAnchorHref": "/decks/019de50f-4c54-7197-aa56-5a04370a8d22#slide-49",
  "components": [
    {
      "bbox": {
        "h": 0.25,
        "w": 0.16,
        "x": 0.82,
        "y": 0.2
      },
      "kind": "callout",
      "text": "AM current price of $23.92 as of 1/4/2019. Cash consideration used to pay all taxes for an average public AM unitholder; any additional cash available assumed to purchase secondary shares",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "07c2735b-7013-47c1-a0fb-567fb8bfc9ba",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.3,
        "x": 0.05,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "Source: Management projections and FactSet as of 1/4/2019. (1) Inclusive of Federal & State capital gains taxes.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e1e1b898-fde3-48fd-8f5f-12def476aabe",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.75,
        "w": 0.9,
        "x": 0.05,
        "y": 0.15
      },
      "kind": "table",
      "text": "Financial projection table showing 2019E-2022E and Terminal year cash flows, tax adjustments, and present value calculations.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "fda79ae7-2166-40eb-ad4e-22fab89d2e98",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.45,
        "x": 0.05,
        "y": 0.03
      },
      "kind": "title",
      "text": "PF AMGP After Tax Cash Flow",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "30a9e282-dea2-49bd-88dc-9b910aaee82d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.5,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "8.5% Terminal Yield Value | Unadjusted Exchange Ratio | AR Upside Case",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e6a9da3c-0317-48b1-bfaa-1648527f878b",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "6614d242-2188-4e7d-b8df-06b56205a6da",
      "evidence": "Financial projection table showing 2019E-2022E and Terminal year cash flows",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 75,
      "from": 43,
      "beatId": "698f2bce-b43b-4c19-8f39-77d512d0c09b",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "The document concludes with a discussion of the transaction implications and next steps",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}