The Globe and Mail reports in its Wednesday, Jan. 17, edition that Scotia Capital analysts have updated their price deck for natural gas, lowering their Henry Hub estimate for the year by about 4 per cent. The Globe's David Leeder writes that the Scotia Capital analysts call Tourmaline Oil one of their "best ideas" for "Canadian natural gas exposure." They continue to rate Tourmaline Oil "sector outperform." Their share target fell by $10 to $90. Analysts on average target the shares at $80.72. The Scotia Capital analysts say in a note: "Highest quality natural gas producer in North America; best-in-class Montney asset base, with strong complimentary Deep Basin assets; clear line of sight on high-return growth from Aitken/Conroy Montney assets coinciding with LNG Canada creating a gap in the western Canadian natural gas market. Twenty-per-cent exposure to premium gas markets (California and JKM). Pristine balance sheet and commitment to shareholder returns." The Globe reported on Dec. 7 that Desjardins Securities rated Tourmaline "buy" when it could be had for $62.02. The Globe reported on Dec. 11 that National Bank Financial analysts rated Tourmaline "outperform." The shares could then be had for $61.02.