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What Are Barrels of Oil Equivalent (BOE): Measurement and Usage

By Matthew DiLalloUpdated Sep 9, 2025 at 1:00 PM

Key Points

  • BOE measures energy output in oil equivalent, simplifying comparison across hydrocarbon types.
  • Investors use BOE to assess energy production shifts and pricing on an oil-equivalent basis.
  • Lower production costs per BOE can indicate higher profit margins for energy companies.

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