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  "documentTitle": "Tudor, Pickering, Holt & Co | Investment Banking Pitch Book | 75 slides",
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  "authorName": "Tudor, Pickering, Holt & Co",
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  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2019-01-01 00:00:00",
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  "pageNumber": 50,
  "pageCount": 75,
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  "slideType": "financial_analysis",
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  "nDataPoints": 72,
  "notes": "The slide presents a complex table structure comparing coverage ratios and implied values across three distinct volume scenarios.",
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      "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; For comparison purposes, AM Proposal assumes issuance of 17.354mm AMGP shares for Series B Unitholders",
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      "text": "Source: Management projections and FactSet as of 1/4/2019. Note: Cash consideration of $3.415 per AM unit. Tax calculations provided by Management. (1) Transaction based on Non-AR Unitholders receiving 1.6350x AMGP shares + $3.415 cash consideration, AR receives 1.6023x + $3.000 cash consideration, and Series B receive 17.354mm AMGP shares",
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      "text": "Three-part table structure showing AR Base Case, AR Downside Volumes Case, and AR Upside Case with coverage ratios and implied values.",
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      "kind": "title",
      "text": "After-Tax Discounted Dividend / Distribution Analysis",
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      "kind": "title",
      "text": "XR Adjusted Implied PV / Unit at Various 2022E Distribution Yield | 10% Equity Discount Rate",
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