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flag Surge Energy's stock dropped 11.2% after analyst downgrades, but it still offers an 11.55% dividend yield.

flag Surge Energy's stock fell 11.2% on Thursday, reaching C$4.50 per share. flag The decline followed downgrades from analysts at Raymond James and BMO Capital Markets, who reduced their price targets for the company. flag Despite the drop, Surge Energy maintains a dividend yield of 11.55% and a market cap of C$452.53 million. flag The company is involved in oil and gas exploration and production in western Canada.

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