{
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  "docSlug": "jarvis-oasis-stratus-presentation-march-2021",
  "documentTitle": "Oasis Stratus Presentation March 2021",
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  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2021-03-01 00:00:00",
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  "pageNumber": 15,
  "pageCount": 76,
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  "density": "balanced",
  "nDataPoints": 4,
  "notes": "The slide uses a dual-chart layout to demonstrate underperformance across two key financial metrics.",
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  "slideHref": "/slides/019f6b8f-4754-74a5-8284-96ac60575004/15",
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      "kind": "callout",
      "text": "Stratus' TSR and ROIC have consistently been below that of its peers, including in pre-COVID periods.",
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      "kind": "chart",
      "text": "Stratus' ROIC is Consistently Below Peers",
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      "kind": "chart",
      "text": "Stratus' Total Return Has Underperformed",
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      "text": "Stratus, Russell 2000 Index, MSCI US REIT Index, Average of Proxy Listed Peers",
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      "kind": "other",
      "text": "Note: Total return based on dividends reinvested. TSR through 10/5/2020 close prior to Oasis' letter to Stratus shareholders. Source: Bloomberg, Capital IQ, Public filings",
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      "kind": "title",
      "text": "Stratus Has Underperformed Peers on All Relevant Metrics",
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      "name": "Tale Two Worlds",
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      "evidence": "The deck presents a clear contrast between Stratus' performance and that of its peers",
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      "structure": "Current State -> Desired State / Benchmark -> The Gap & Implication",
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      "description": "Show the gap between two states to drive urgency or highlight opportunity"
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