{
  "docId": "019f6b8f-26c5-776f-afa3-8e84bf5b2fa0",
  "docSlug": "jarvis-jefferies-broadview-columbia-pipelines-presentation-oct-13-2016",
  "documentTitle": "Jefferies Broadview Columbia Pipelines Presentation Oct 13 2016",
  "authorId": "jefferies-broadview-columbia-pipelines-presentation-oct-13-2016",
  "authorName": null,
  "documentKindSlug": "deck",
  "documentKindLabel": "Deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2016-01-01 00:00:00",
  "orientation": null,
  "aspectRatio": null,
  "pageNumber": 22,
  "pageCount": 32,
  "prevPage": 21,
  "nextPage": 23,
  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "dense",
  "nDataPoints": 150,
  "notes": "Includes bar charts for 2017E and 2018E TEV/EBITDA multiples and a detailed data table for peer metrics.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019f6b8f-26c5-776f-afa3-8e84bf5b2fa0/22",
  "deckHref": "/decks/019f6b8f-26c5-776f-afa3-8e84bf5b2fa0",
  "deckJsonHref": "/decks/019f6b8f-26c5-776f-afa3-8e84bf5b2fa0.json",
  "deckAnchorHref": "/decks/019f6b8f-26c5-776f-afa3-8e84bf5b2fa0#slide-22",
  "components": [
    {
      "bbox": {
        "h": 0.28,
        "w": 0.48,
        "x": 0.51,
        "y": 0.11
      },
      "kind": "chart",
      "text": "TEV / 2018E EBITDA",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "340ec6ce-969e-4fef-8b2c-e36143c06e88",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.28,
        "w": 0.48,
        "x": 0.02,
        "y": 0.11
      },
      "kind": "chart",
      "text": "TEV / 2017E EBITDA",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d11eb5cc-c949-4821-ade9-ac81b4b10ec3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.4,
        "x": 0.02,
        "y": 0.89
      },
      "kind": "other",
      "text": "Source: Public filings, Capital IQ, Wall Street Research and materials provided by CPGX Management.",
      "attrs": null,
      "subkind": "source-note",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "61e4949b-698d-46dc-a882-ff69cd0395d9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.97,
        "x": 0.02,
        "y": 0.42
      },
      "kind": "table",
      "text": "Peer comparison table including Price, Unit Price, Equity Market Value, Enterprise Value, EV/EBITDA, Distribution Yield, CAGR, and Distribution splits.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c0019737-bb48-498d-8f50-fe3cd981a4ac",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.97,
        "x": 0.02,
        "y": 0.72
      },
      "kind": "table",
      "text": "OpCo Valuation table for 2017E and 2018E showing multiples, implied TEV, net debt, equity value, and per unit value.",
      "attrs": null,
      "subkind": "valuation",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6aec0b61-7a7a-4e8a-b8c1-e0acfabba32e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.5,
        "x": 0.02,
        "y": 0.03
      },
      "kind": "title",
      "text": "Selected Peer Comparables Analysis – Long-Haul Pipelines",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a45bb9ce-1bea-4a40-9b0e-96ef0d52154a",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Chart Selection Guide",
      "slug": "chart-selection-guide",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "bc201668-7fdf-487b-a967-1f0be7e449cc",
      "evidence": "chart/bar-vertical: TEV / 2017E EBITDA...",
      "confidence": 0.7
    },
    {
      "name": "NxN matrix",
      "slug": "matrix-nxn",
      "agent": null,
      "layer": "slide",
      "matchId": "31c9debb-3d92-433c-9d53-0d5e594592f2",
      "evidence": "table/data: Peer comparison table...",
      "confidence": 0.9
    }
  ],
  "frameworks": [
    {
      "name": "peer-comparables-analysis",
      "slug": null,
      "matchId": "92c403cc-e704-4a61-9121-cc862db86427",
      "evidence": "Standard investment banking valuation methodology comparing peer multiples.",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 25,
      "from": 15,
      "beatId": "c2ea6e30-ef87-4f9b-8694-00343ae90879",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "The document provides detailed valuation analysis and data.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 32,
      "from": 5,
      "name": "Logic Chain",
      "slug": "01-logic-chain",
      "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis",
      "matchId": "101b652e-e0c3-4aa0-863d-357677eade48",
      "evidence": "The document presents a clear and structured argument.",
      "position": 0,
      "objective": "To demonstrate the logic and reasoning behind the proposed transaction.",
      "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)",
      "confidence": 0.7,
      "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion"
    },
    {
      "to": 25,
      "from": 15,
      "name": "Mece Breakdown",
      "slug": "40-mece-breakdown",
      "bestFor": "Problem structuring, ensuring completeness, strategic analysis",
      "matchId": "763fbcff-c3cd-4eec-9db7-92ee34f3ddc2",
      "evidence": "The document presents a detailed analysis of the company's valuation.",
      "position": 1,
      "objective": "To provide a comprehensive breakdown of the valuation analysis.",
      "structure": "The Whole -> Category A (distinct) -> Category B (distinct) -> Category C (distinct) -> Complete Coverage",
      "confidence": 0.6,
      "description": "Divide a complex topic into mutually exclusive, collectively exhaustive categories"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}