Basic Energy Corp. Stock Analysis BSC.PM

Basic Energy Corp. is an investment holding company, which engages in the development of renewable energy resources. The firm operates through downstream oil operations segment, which 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; RDG Wind 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.