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flag Veren Inc.'s stock surged 16% after analysts gave a "Buy" rating and the company announced a dividend.

flag On Monday, Veren Inc.'s (TSE:VRN) shares surged 16%, trading as high as C$8.39 and closing at C$8.19. flag The stock received a strong "Buy" rating from analysts with a target price of C$11.83. flag Veren, an oil and gas company operating in Canada and the U.S., also announced a quarterly dividend of $0.115 per share, equating to a $0.46 annual dividend and a 5.62% yield.

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