{
  "docId": "019de50f-4f7d-706d-ab26-37790bc26b2c",
  "docSlug": "85d456627917197972263ec9ffb96c80",
  "documentTitle": "Antero Midstream Partners | Investor Presentation Deck | 35 slides",
  "authorId": "antero-midstream-partners",
  "authorName": "Antero Resources",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2019-02-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3314841,
  "pageNumber": 4,
  "pageCount": 35,
  "prevPage": 3,
  "nextPage": 5,
  "slideType": "context",
  "function": "establish_context",
  "density": "dense",
  "nDataPoints": 11,
  "notes": "Includes NYSE listing badge and detailed footnotes regarding data sources and definitions.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50f-4f7d-706d-ab26-37790bc26b2c/4",
  "deckHref": "/decks/019de50f-4f7d-706d-ab26-37790bc26b2c",
  "deckJsonHref": "/decks/019de50f-4f7d-706d-ab26-37790bc26b2c.json",
  "deckAnchorHref": "/decks/019de50f-4f7d-706d-ab26-37790bc26b2c#slide-4",
  "components": [
    {
      "bbox": {
        "h": 0.1,
        "w": 0.95,
        "x": 0.03,
        "y": 0.88
      },
      "kind": "disclaimer",
      "text": "Note: Equity market data as of 02/12/19. Reserves as of 12/31/18. Enterprise value excludes AM net debt. See 2019 Guidance page for production guidance details. (1) Includes ownership of $2.4 billion of Antero Midstream units. (2) Stand-alone leverage is Stand-alone debt divided by LTM Stand-alone Adjusted EBITDAX and represents 12/31/18. See appendix for details. (3) C2+ proved reserves contain 498 MMBbls of C3+ NGLs and 554 MMBbls of ethane. Assumes approximately 415 MMBbls of additional ethane are left in the natural gas stream.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "da17ce22-afb9-43ed-8878-1ba673d1e521",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.42,
        "x": 0.54,
        "y": 0.08
      },
      "kind": "image",
      "text": "Geographic map showing Antero acreage in Ohio, West Virginia, and Pennsylvania.",
      "attrs": null,
      "subkind": "map",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7a5a77c7-af0a-48b7-a04d-c672897f41ca",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.45,
        "x": 0.03,
        "y": 0.15
      },
      "kind": "table",
      "text": "Market Cap: $2.9B; Enterprise Value: $6.7B; Debt Ratings: Ba2/BB+/BBB-; Leverage: 2.2x; Production: 3.15-3.25 Bcfe/d; Liquids: 154-164 MBbl/d; Reserves: 18.0 Tcfe; C2+ NGLs: 1,052 MMBbls; Condensate: 46 MMBbls; Acres: 612,000; Locations: 3,013",
      "attrs": null,
      "subkind": "kpi",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "df64eb86-62b5-42dc-ad57-28d54b2cf96e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.7,
        "x": 0.05,
        "y": 0.02
      },
      "kind": "title",
      "text": "The Size and Scale to Capitalize on the Resource",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "48dfa11e-0c26-43bd-b670-6bf1d6da4975",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Storytelling: audience calibration",
      "slug": "audience",
      "agent": "storyteller",
      "layer": "slide",
      "matchId": "1845ecbf-fe27-4509-8c23-ecb88a1ca0dd",
      "evidence": "Equity market data as of 02/12/19. Reserves as of 12/31/18. Enterprise value excludes AM net debt",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 5,
      "from": 4,
      "beatId": "e6966f41-74c6-4e17-b07c-4725c594c12e",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Problem",
      "beatSlug": "sequoia-pitch-problem",
      "evidence": "The document presents the size and scale of the resource and the need to capitalize on it.",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    },
    {
      "to": 5,
      "from": 4,
      "beatId": "189b544e-2cdd-454d-8ef1-1ee147f968ec",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Market Size",
      "beatSlug": "sequoia-pitch-market-size",
      "evidence": "The document highlights the size and scale of the resource.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}