Basic Energy : Quarterly Report

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER 1. For the quarterly period ended Mar 31, 20222. SEC Identification Number 363593. BIR Tax Identification No. 000-438-702-0004. Exact name of issuer as specified in its charter BASIC ENERGY CORPORATION5. Province, country or other jurisdiction of incorporation or organization MAKATI CITY6. Industry Classification Code(SEC Use Only) 7. Address of principal office UB 111 Paseo de Roxas Bldg., Paseo de Roxas Avenue, Legaspi Village, Makati CityPostal Code12298. Issuer's telephone number, including area code ([phone]. Former name or former address, and former fiscal year, if changed since last report Not applicable10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares	14,668,643,064

11. Are any or all of registrant's securities listed on a Stock Exchange? Yes No If yes, state the name of such stock exchange and the classes of securities listed therein: Philippine Stock Exchange ; Common / stock symbol - BSC12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes No (b) has been subject to such filing requirements for the past ninety (90) days Yes No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Basic Energy CorporationBSC PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Mar 31, 2022
Currency (indicate units, if applicable)	PESO

Balance Sheet

Period Ended	Fiscal Year Ended (Audited)
Mar 31, 2022	Dec 31, 2021
Current Assets	25,410,026,123	13,948,958,058
Total Assets	32,121,965,855	19,356,968,917
Current Liabilities	21,562,625,231	10,832,775,880
Total Liabilities	22,944,491,467	12,661,694,323
Retained Earnings/(Deficit)	-40,396,370	-132,408,088
Stockholders' Equity	9,177,474,388	6,695,274,594
Stockholders' Equity - Parent	6,112,422,598	3,699,764,946
Book Value per Share	0.27	0.26

Income Statement

Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	18,067,665,889	0	18,067,665,889	0
Gross Expense	17,556,140,997	0	17,556,140,997	0
Non-Operating Income	3,568,882	332,360	3,568,882	332,360
Non-Operating Expense	318,039,406	19,682,166	318,039,406	19,682,166
Income/(Loss) Before Tax	196,059,132	-19,349,806	196,059,132	-19,349,806
Income Tax Expense	34,505,272	0	34,505,272	0
Net Income/(Loss) After Tax	161,553,860	-19,349,806	161,553,860	-19,349,806
Net Income Attributable to Parent Equity Holder	92,011,718	-17,912,633	92,011,718	-17,912,633
Earnings/(Loss) Per Share (Basic)	0	-0	0	-0
Earnings/(Loss) Per Share (Diluted)	0	-0	0	-0

Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	0.2	-13.67
Earnings/(Loss) Per Share (Diluted)	0.2	-13.67

Other Relevant Information

Please refer to attached SEC Form 17-Q Quarterly Report as of March 31, 2022.

Filed on behalf by:

Name	Dominique Pascua
Designation	Compliance Officer