UBS Remains Bullish on ConocoPhillips (COP) Amid Cost Pressures and Softer 2026 Oil Volume Outlook

ConocoPhillips (NYSE:COP) is one of the 12 best commodity stocks to buy right now. UBS Remains Bullish on ConocoPhillips (COP) Amid Cost Pressures and Softer 2026 Oil Volume Outlook On November 12, 2025, UBS reduced its price target on ConocoPhillips (NYSE:COP) from $122 to $117, reiterating a “Buy” rating. The investment firm cites cost pressures from the Willow project, which are evident from the $1-$1.5 billion capital expenditure increase for the project. These cost pressures, alongside softer 2026 o ...