Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
OXY	OCCIDENTAL PETROL CORP	3,613,935	$234M	31.5%	$46.06	+30.9%	COM	674599105
—	CALUMET SPECIALTY PROD	5,441,613	$104M	13.9%	$6.05	—	COM	131476103
ET	ENERGY TRANSFER LP	1,456,465	$20.43M	2.7%	$6.02	—	COM	29273V100
OXY/WS	OCCIDENTAL PETE CORP WTS EXP 08/03/2027	468,580	$20.27M	2.7%	$41.23	—	*W EXP 08/03/2027	674599162
DMLP	DORCHESTER MINERALS LP	632,722	$18.38M	2.5%	$10.19	—	COM	25820R105
AAPL	APPLE INC	99,373	$17.01M	2.3%	$94.96	+90.9%	COM	037833100
SUN	SUNOCO LP	313,435	$15.34M	2.1%	$29.95	—	COM	86765K109
VZ	VERIZON COMMUNICATIONS	423,463	$13.72M	1.8%	$30.55	-5.1%	COM	92343V104
DINO	HF SINCLAIR CORP	216,854	$12.35M	1.7%	$39.56	+24.1%	COM	403949100
PAA	PLAINS ALL AMERICAN PIPELINE LP	787,421	$12.06M	1.6%	$16.18	—	COM	726503105
—	NUSTAR ENERGY LP	675,196	$11.78M	1.6%	$16.10	—	COM	67058H102
CVX	CHEVRON CORP	69,504	$11.72M	1.6%	$77.46	+88.2%	COM	166764100
IBM	IBM CORP	80,593	$11.31M	1.5%	$104.34	+26.3%	COM	459200101
AMGN	AMGEN INC	41,153	$11.06M	1.5%	$182.77	+26.9%	COM	031162100
INTC	INTEL CORP	306,592	$10.9M	1.5%	$33.24	+2.9%	COM	458140100
ABBV	ABBVIE	70,942	$10.57M	1.4%	$133.84	+1.1%	COM	00287Y109
MO	ALTRIA GROUP INC	249,611	$10.5M	1.4%	$34.73	+4.9%	COM	02209S103
VLO	VALERO ENERGY CORP NEW	73,146	$10.37M	1.4%	$42.01	+190.7%	COM	91913Y100
KMB	KIMBERLY-CLARK CORP	78,176	$9.448M	1.3%	$111.30	+5.8%	COM	494368103
BAC	BANK OF AMERICA	344,188	$9.424M	1.3%	$29.72	-6.4%	COM	060505104
WES	WESTERN MIDSTREAM PARTNERS LP	331,383	$9.024M	1.2%	$16.63	—	COM	958669103
CSCO	CISCO SYSTEMS INC	167,691	$9.015M	1.2%	$43.57	+15.5%	COM	17275R102
KHC	KRAFT HEINZ CO	250,071	$8.412M	1.1%	$30.87	-1.2%	COM	500754106
UVV	UNIVERSAL CORP VA	174,653	$8.245M	1.1%	$54.41	-11.2%	COM	913456109
CMI	CUMMINS INC	36,033	$8.232M	1.1%	$120.89	+89.1%	COM	231021106
WFC	WELLS FARGO & CO	181,700	$7.424M	1.0%	$32.60	+24.8%	COM	949746101
MPLX	MPLX LP	206,720	$7.353M	1.0%	$26.88	—	COM	55336V100
BTI	BRITISH AMER TOBACCO F SPONSORED ADR	231,331	$7.266M	1.0%	$34.48	—	COM	110448107
PFE	PFIZER INC	215,222	$7.139M	1.0%	$23.49	+30.2%	COM	717081103
EPD	ENTERPRISE PRODUCTS PPTNSLP	243,278	$6.659M	0.9%	$31.65	—	COM	293792107
HPQ	HP INC	231,418	$5.947M	0.8%	$18.07	+54.7%	COM	40434L105
NEM	NEWMONT COPR	160,420	$5.928M	0.8%	$49.53	-22.6%	COM	651639106
ARLP	ALLIANCE RESOURCE PAR LP	261,426	$5.89M	0.8%	$19.64	—	COM	01877R108
C	CITIGROUP INC	141,187	$5.807M	0.8%	$43.29	-6.5%	COM	172967424
GS	GOLDMAN SACHS GROUP	16,711	$5.407M	0.7%	$276.76	+13.9%	COM	38141G104
SJM	SMUCKER J M CO	39,617	$4.869M	0.7%	$89.37	+45.3%	COM	832696405
MSFT	MICROSOFT CORP	15,177	$4.792M	0.6%	$76.99	+321.6%	COM	594918104
PEP	PEPSICO INC	26,722	$4.528M	0.6%	$83.74	+99.6%	COM	713448108
—	WALGREENS BOOTS ALLIANCE INC	165,969	$3.691M	0.5%	$38.03	—	COM	931427108
KMI	KINDER MORGAN INC	196,525	$3.258M	0.4%	$15.19	+0.4%	COM	49456B101
WTTR	SELECT WATER SOLUTIONSINC CL A COM	409,161	$3.253M	0.4%	$9.24	—	COM	81617J301
SUI	SUN COMMUNITIES REIT	26,612	$3.149M	0.4%	$124.83	—	COM	866674104
WY	WEYERHAEUSER CO COM	97,053	$2.976M	0.4%	$18.44	+66.1%	COM	962166104
UPS	UNITED PARCEL SERVICE	17,185	$2.679M	0.4%	$81.94	+85.1%	COM	911312106
T	AT&T	152,253	$2.287M	0.3%	$16.64	-22.2%	COM	00206R102
FSK	FS KKR CAPITAL CORP	111,721	$2.2M	0.3%	$11.56	+20.0%	COM	302635206
BXSL	BLACKSTONE SECURED LENDING F	79,350	$2.171M	0.3%	$16.82	+26.9%	COM	09261X102
—	RLJ LODGING TRUST	87,112	$2.095M	0.3%	$23.93	—	CUM CONV PFD A	74965L200
GSBD	GOLDMAN SACHS BDC INC	122,927	$1.79M	0.2%	$14.89	-3.3%	SHS	38147U107
MPT	MEDICAL PROPERTIES TRUST INC	323,839	$1.765M	0.2%	$7.92	—	COM	58463J304
WMB	WILLIAMS COS INC	45,078	$1.519M	0.2%	$18.19	+69.7%	COM	969457100
OKE	ONEOK INC	23,033	$1.461M	0.2%	$41.19	+40.7%	COM	682680103
WPC	WP CAREY INC COM	21,849	$1.182M	0.2%	$59.07	—	COM	92936U109
O	REALTY INCOME COPR REIT	23,144	$1.156M	0.2%	$50.15	0.0%	COM	756109104
XOM	EXXON MOBIL CORP	9,480	$1.115M	0.1%	$79.58	+26.9%	COM	30231G102
BRSP	BRIGHTSPIRE CAPITAL INC	160,000	$1.002M	0.1%	$6.16	—	COM CL A	10949T109
STWD	STARWOOD PROPERTY TRUST INC	51,531	$997K	0.1%	$18.33	—	COM	85571B105
NXDT	NEXPOINT DIVERSIFIED REAL ES	106,300	$926K	0.1%	$11.21	—	COM NEW	65340G205
JNJ	JOHNSON & JOHNSON	5,692	$887K	0.1%	$119.13	+28.7%	COM	478160104
OBDC	BLUE OWL CAPITAL CORP	52,667	$729K	0.1%	$8.27	+26.0%	COM	69121K104
TTYP	TRINITY PETROLEUM TR	10,020	$681K	0.1%	$90.39	—	COM	896556107
SPG	SIMON PROPERTY GROUP INC	5,789	$625K	0.1%	$97.32	+6.1%	COM	828806109
PG	PROCTER AND GAMBLE CO	4,250	$620K	0.1%	$101.53	+41.9%	COM	742718109
NNN	NNN REIT INC COM	12,481	$441K	0.1%	$35.34	—	COM	637417106
LQD	ISHARES IBOXX INVESTMENT GRADE CORP BONDS	4,145	$423K	0.1%	$120.70	—	COM	464287242
—	HESS CORPORATION COM	2,679	$410K	0.1%	$106.76	—	COM	42809H107
—	VERTEX ENERGY INC	90,000	$401K	0.1%	$10.51	—	COM	92534K107
GLP	GLOBAL PARTNERS LP COMUNITS	9,860	$348K	0.0%	$35.32	—	COM	37946R109
BMY	BRISTOL-MYERS SQUIBB COCOM	5,500	$319K	0.0%	$47.92	+13.4%	COM	110122108
MLPA	GLOBAL X FDS GLBL X MLPETF	6,599	$294K	0.0%	$33.04	—	COM	37954Y343
—	ALUMINA LIMITED F SPONSORED ADR	120,334	$287K	0.0%	$3.65	—	COM	022205108
BRK/B	BERKSHIRE HATHAWAY INC	744	$261K	0.0%	$296.98	+19.5%	CL B NEW	084670702
PAGP	PLAINS GP HOLDINGS LP	15,886	$256K	0.0%	$16.27	—	COM	72651A207
—	MARATHON OIL CORP COM	9,102	$243K	0.0%	$25.05	—	COM	565849106
MUR	MURPHY OIL CORP COM	5,165	$234K	0.0%	$39.26	0.0%	COM	626717102
FFIN	FIRST FINANCIAL BANKSHARES INC	8,760	$220K	0.0%	$26.69	+2.9%	COM	32020R109
NIO	NIO INC SPON ADS	11,554	$104K	0.0%	$9.75	—	COM	62914V106