5 Pro-Life Companies to Invest In

2. Pioneer Natural Resources Company (NYSE:PXD)

Texas-based Pioneer Natural Resources Company (NYSE:PXD) is one of the best pro-life stocks to buy according to Ave Maria Value Fund. Pioneer Natural Resources Company (NYSE:PXD) is involved in hydrocarbon exploration and is operating in the Cline Shale, which is a part of the Spraberry Trend of the Permian Basin.

The Fortune 500 company has a dividend yield of about 11% as of January 2023. In October last year, it was reported by Reuters that Pioneer Natural Resources Company (NYSE:PXD) was planning to increase its productivity levels in 2023 by reshuffling its drilling portfolio to target wells with potentially higher returns. The company is reportedly eyeing to operate 24 to 26 drilling rigs in 2023, compared to 22 to 24 rigs in 2022. The Reuters report also quoted the company’s President Richard Dealy, who said that productivity in the year was “less” and the company plans to rectify this problem. In the third quarter, the company saw a 9% year-over-year drop in oil production.