{
  "docId": "019de50f-500e-770c-84ff-9bd1328f9f67",
  "docSlug": "6ed1092a66ccabe3536e2cc938aa4cc0",
  "documentTitle": "Antero Midstream Partners | Mergers and Acquisitions Presentation Deck | 53 slides",
  "authorId": "antero-midstream-partners",
  "authorName": "Antero Midstream",
  "documentKindSlug": "deck",
  "documentKindLabel": "Deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2019-02-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3314841,
  "pageNumber": 17,
  "pageCount": 53,
  "prevPage": 16,
  "nextPage": 18,
  "slideType": "competitive_analysis",
  "function": "compare_peers",
  "density": "dense",
  "nDataPoints": 20,
  "notes": "Slide 17 of a deck. Uses a bar chart for production ranking and a scatter plot for production vs revenue.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50f-500e-770c-84ff-9bd1328f9f67/17",
  "deckHref": "/decks/019de50f-500e-770c-84ff-9bd1328f9f67",
  "deckJsonHref": "/decks/019de50f-500e-770c-84ff-9bd1328f9f67.json",
  "deckAnchorHref": "/decks/019de50f-500e-770c-84ff-9bd1328f9f67#slide-17",
  "components": [
    {
      "bbox": {
        "h": 0.7,
        "w": 0.45,
        "x": 0.05,
        "y": 0.2
      },
      "kind": "chart",
      "text": "Top U.S. C2+ NGL Producers - 2019E",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9e0f6c25-cb01-440a-be1c-aff03915ffb3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.7,
        "w": 0.45,
        "x": 0.52,
        "y": 0.2
      },
      "kind": "chart",
      "text": "2019 Liquids Production vs. Revenue",
      "attrs": null,
      "subkind": "scatter",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1099102d-92c8-4553-a330-510167e66da4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.05,
        "y": 0.92
      },
      "kind": "source-note",
      "text": "1) Factset consensus estimates as of 02/12/2019. 2) Liquids defined as oil and natural gas liquids (NGLs).",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "94b4e884-4acd-44ec-ae79-194b4d3dccc9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.9,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "AM's sponsor and primary customer (AR), is the largest NGL producer in the U.S. with a strong balance sheet and leverage in the low 2x range",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b36934d5-9ed1-4f4a-97d0-75f35361f705",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.05,
        "y": 0.02
      },
      "kind": "title",
      "text": "Strong Sponsor with Scale to Capitalize on Resource",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d9d6cd15-b397-4cab-b521-3d79fbdb3c7e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 17,
      "from": 17,
      "beatId": "1a72c3d9-712a-405d-a904-ba0fa75880c1",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Solution",
      "beatSlug": "sequoia-pitch-solution",
      "evidence": "The document presents a solution on slide 17",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    },
    {
      "to": 17,
      "from": 17,
      "beatId": "90f602d4-cc52-4da0-be09-c336b018ce46",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Competition",
      "beatSlug": "sequoia-pitch-competition",
      "evidence": "The document presents competitive analysis on slide 17",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 19,
      "from": 16,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "4dee4c93-e85e-430b-b3cb-836de5c1b1cc",
      "evidence": "The document presents information on the long-term outlook and development plan",
      "position": 0,
      "objective": "What are the consequences of not investing in Antero Midstream Partners?",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}