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Basic Energy Corp
UB 111 Paseo de Roxas Building
Paseo de Roxas, Legaspi Village
Phone: +63 232244383p:+63 232244383 MAKATI, 1229  Philippines Ticker: BSCBSC
Business Summary
Basic Energy Corporation is a Philippines-based holding company with diversified business interests in various fields of renewable energy and alternative fuels, wholesale and distribution of petroleum products, and in oil and gas exploration and development. The Company operates through downstream oil operations segment, which particularly includes the sale of petroleum products. The Company’s wholly owned subsidiaries include Basic Diversified Industrial Holdings, Inc., which is an investment holding company; IBasic, Inc., which is an information technology management company and service integrator; Basic Biofuels Corporation, which is a developer of biofuels; Basic Renewables, Inc., which is engaged in renewable energy; Mabini Energy Corporation, which holds the wind energy service contract for the development of a wind energy project in Mabini; Southwest Resources, Inc., which is engaged in oil exploration; Grandway Group Limited.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202412/31/2023Yes----

Industries
SIC Code Description
1311 Crude petroleum and natural gas
5172 Petroleum and petroleum products wholesalers, except bulk station
4911 Electric services
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Chief Operating Officer Luisito V.Poblete 64 1/1/2024 5/12/2021
Chief Executive Officer, Vice Chairman of the Board Oscar L.De Venecia 56 1/1/2024 6/1/1997
Vice Chairman of the Board Manuel Z.Gonzalez 56 5/12/2021 5/12/2021
10 additional Officers and Directors records available in full report.

Business Names
Business Name
Basic Petroleum Corp
BSC
Meta Corporation PLC
VTE International Co. Ltd.

General Information
Number of Employees: 15 (As of 12/31/2022)
Outstanding Shares: 14,650,643,064 (As of 6/30/2024)
Shareholders: 6,526
Stock Exchange: PSE
Fax Number: +63 288170191


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Wednesday, November 20, 2024