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        <nameOfIssuer>3M Co</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>88579Y101</cusip>
        <value>2929857</value>
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            <Sole>0</Sole>
            <Shared>19950</Shared>
            <None>0</None>
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    <infoTable>
        <nameOfIssuer>Abbott Labs</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>002824100</cusip>
        <value>6393730</value>
        <shrsOrPrnAmt>
            <sshPrnamt>48200</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>48200</Shared>
            <None>0</None>
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        <nameOfIssuer>AbbVie Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>00287Y109</cusip>
        <value>6683688</value>
        <shrsOrPrnAmt>
            <sshPrnamt>31900</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>31900</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>ACM Resh Inc</nameOfIssuer>
        <titleOfClass>COM CL A</titleOfClass>
        <cusip>00108J109</cusip>
        <value>200771</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8602</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>8602</Shared>
            <None>0</None>
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        <nameOfIssuer>Alaska Air Group Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>011659109</cusip>
        <value>57100122</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1160100</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>1160100</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Algonquin Power &amp; Utilities Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>015857105</cusip>
        <value>584233</value>
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            <sshPrnamt>113664</sshPrnamt>
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            <Sole>0</Sole>
            <Shared>113664</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Alliant Energy Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>018802108</cusip>
        <value>1933718</value>
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            <sshPrnamt>30050</sshPrnamt>
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        <votingAuthority>
            <Sole>0</Sole>
            <Shared>30050</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Allstate Corp/The</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>020002101</cusip>
        <value>10891882</value>
        <shrsOrPrnAmt>
            <sshPrnamt>52600</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>52600</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Altria Group Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>02209S103</cusip>
        <value>9477158</value>
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            <sshPrnamt>157900</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>157900</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Ameren Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>023608102</cusip>
        <value>4094312</value>
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            <sshPrnamt>40780</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>40780</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>American Eagle Outfitters Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>02553E106</cusip>
        <value>4022844</value>
        <shrsOrPrnAmt>
            <sshPrnamt>346200</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>346200</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>American Woodmark Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>030506109</cusip>
        <value>5335881</value>
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            <sshPrnamt>90700</sshPrnamt>
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        <votingAuthority>
            <Sole>0</Sole>
            <Shared>90700</Shared>
            <None>0</None>
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        <nameOfIssuer>Amgen Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>031162100</cusip>
        <value>4268235</value>
        <shrsOrPrnAmt>
            <sshPrnamt>13700</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>13700</Shared>
            <None>0</None>
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        <nameOfIssuer>Amneal Pharmaceuticals Inc</nameOfIssuer>
        <titleOfClass>COM STK CL A</titleOfClass>
        <cusip>03168L105</cusip>
        <value>12564972</value>
        <shrsOrPrnAmt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>1499400</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Antero Midstream Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>03676B102</cusip>
        <value>6189120</value>
        <shrsOrPrnAmt>
            <sshPrnamt>343840</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>343840</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Antero Resources Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>03674X106</cusip>
        <value>736008</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18200</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>18200</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Arlo Technologies Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>04206A101</cusip>
        <value>119190</value>
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            <sshPrnamt>12076</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>12076</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>ASE Technology Holding Co Ltd</nameOfIssuer>
        <titleOfClass>SPONSORED ADS</titleOfClass>
        <cusip>00215W100</cusip>
        <value>112452</value>
        <shrsOrPrnAmt>
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        <votingAuthority>
            <Sole>0</Sole>
            <Shared>12837</Shared>
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        <nameOfIssuer>Associated Banc-Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>045487105</cusip>
        <value>2816250</value>
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        <votingAuthority>
            <Sole>0</Sole>
            <Shared>125000</Shared>
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        <nameOfIssuer>Assurant Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>04621X108</cusip>
        <value>10172875</value>
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            <sshPrnamt>48500</sshPrnamt>
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        <votingAuthority>
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            <Shared>48500</Shared>
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        <nameOfIssuer>AT&amp;T Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>00206R102</cusip>
        <value>6944437</value>
        <shrsOrPrnAmt>
            <sshPrnamt>245560</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>245560</Shared>
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        <nameOfIssuer>Atmos Energy Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>049560105</cusip>
        <value>24854300</value>
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        <votingAuthority>
            <Sole>0</Sole>
            <Shared>160786</Shared>
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        <nameOfIssuer>AutoZone Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>053332102</cusip>
        <value>3050224</value>
        <shrsOrPrnAmt>
            <sshPrnamt>800</sshPrnamt>
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            <Shared>800</Shared>
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        <nameOfIssuer>Avista Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>05379B107</cusip>
        <value>1062326</value>
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            <Shared>25372</Shared>
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        <nameOfIssuer>AZZ Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>002474104</cusip>
        <value>9865980</value>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>118000</Shared>
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        </votingAuthority>
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        <nameOfIssuer>Banc of California Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <value>3263700</value>
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        <votingAuthority>
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            <Shared>230000</Shared>
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        </votingAuthority>
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        <nameOfIssuer>Bank of America Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>060505104</cusip>
        <value>6367998</value>
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        <votingAuthority>
            <Sole>0</Sole>
            <Shared>152600</Shared>
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        </votingAuthority>
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        <nameOfIssuer>BankUnited Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>06652K103</cusip>
        <value>3271800</value>
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            <sshPrnamt>95000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>95000</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Banner Corp</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>06652V208</cusip>
        <value>1275400</value>
        <shrsOrPrnAmt>
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        <votingAuthority>
            <Sole>0</Sole>
            <Shared>20000</Shared>
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        </votingAuthority>
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        <nameOfIssuer>Berkshire Hathaway Inc</nameOfIssuer>
        <titleOfClass>CL B NEW</titleOfClass>
        <cusip>084670702</cusip>
        <value>1597740</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>3000</Shared>
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        <nameOfIssuer>BERKSHIRE HATHAWAY INC - CL A</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>084670108</cusip>
        <value>25550131</value>
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            <Shared>32</Shared>
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        <nameOfIssuer>Best Buy Co Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>086516101</cusip>
        <value>2443852</value>
        <shrsOrPrnAmt>
            <sshPrnamt>33200</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>33200</Shared>
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        </votingAuthority>
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        <nameOfIssuer>Black Hills Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>092113109</cusip>
        <value>2726036</value>
        <shrsOrPrnAmt>
            <sshPrnamt>44947</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>44947</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Block Inc</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>852234103</cusip>
        <value>1195260</value>
        <shrsOrPrnAmt>
            <sshPrnamt>22000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>22000</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Blue Bird Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>095306106</cusip>
        <value>7652268</value>
        <shrsOrPrnAmt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>236400</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
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        <nameOfIssuer>Booz Allen Hamilton Holding Corp</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>099502106</cusip>
        <value>2060226</value>
        <shrsOrPrnAmt>
            <sshPrnamt>19700</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>19700</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>BP PLC</nameOfIssuer>
        <titleOfClass>SPONSORED ADR</titleOfClass>
        <cusip>055622104</cusip>
        <value>5835533</value>
        <shrsOrPrnAmt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>172700</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Bread Financial Holdings Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>018581108</cusip>
        <value>2854560</value>
        <shrsOrPrnAmt>
            <sshPrnamt>57000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>57000</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
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        <nameOfIssuer>Brinker International Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>109641100</cusip>
        <value>84049295</value>
        <shrsOrPrnAmt>
            <sshPrnamt>563900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>563900</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
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        <nameOfIssuer>Bristol-Myers Squibb Co</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>110122108</cusip>
        <value>5928228</value>
        <shrsOrPrnAmt>
            <sshPrnamt>97200</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>97200</Shared>
            <None>0</None>
        </votingAuthority>
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        <titleOfClass>COM</titleOfClass>
        <cusip>112463104</cusip>
        <value>8425334</value>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>1345900</Shared>
            <None>0</None>
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        <nameOfIssuer>Brookline Bancorp Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>11373M107</cusip>
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        <shrsOrPrnAmt>
            <sshPrnamt>170000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>170000</Shared>
            <None>0</None>
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        <nameOfIssuer>Builders FirstSource Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>12008R107</cusip>
        <value>2049016</value>
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            <sshPrnamt>16400</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>16400</Shared>
            <None>0</None>
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        <nameOfIssuer>Bumble Inc</nameOfIssuer>
        <titleOfClass>COM CL A</titleOfClass>
        <cusip>12047B105</cusip>
        <value>71515</value>
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            <sshPrnamt>16478</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>16478</Shared>
            <None>0</None>
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        <nameOfIssuer>California BanCorp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>84252A106</cusip>
        <value>1791250</value>
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            <sshPrnamt>125000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>125000</Shared>
            <None>0</None>
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        <nameOfIssuer>Canadian Natural Resources Ltd</nameOfIssuer>
        <titleOfClass>ADR</titleOfClass>
        <cusip>136385101</cusip>
        <value>6021400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>195500</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>195500</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Capital One Financial Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>14040H105</cusip>
        <value>1344750</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7500</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>7500</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Cardinal Health Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>14149Y108</cusip>
        <value>2948278</value>
        <shrsOrPrnAmt>
            <sshPrnamt>21400</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>21400</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Carlisle Cos Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>142339100</cusip>
        <value>2281350</value>
        <shrsOrPrnAmt>
            <sshPrnamt>6700</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>6700</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Caterpillar Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>149123101</cusip>
        <value>2308600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>7000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>7000</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>CDW Corp/DE</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>12514G108</cusip>
        <value>2431946</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15175</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>15175</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Celestica Inc</nameOfIssuer>
        <titleOfClass>ADR</titleOfClass>
        <cusip>15101Q207</cusip>
        <value>15572856</value>
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            <sshPrnamt>197600</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>197600</Shared>
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        </votingAuthority>
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        <nameOfIssuer>Cencora Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>03073E105</cusip>
        <value>3114608</value>
        <shrsOrPrnAmt>
            <sshPrnamt>11200</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>11200</Shared>
            <None>0</None>
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        <nameOfIssuer>CenterPoint Energy Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>15189T107</cusip>
        <value>15297320</value>
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            <sshPrnamt>422228</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>422228</Shared>
            <None>0</None>
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        <nameOfIssuer>Charles Schwab Corp/The</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>808513105</cusip>
        <value>704520</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>9000</Shared>
            <None>0</None>
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        <nameOfIssuer>Cheesecake Factory Inc/The</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>163072101</cusip>
        <value>58971054</value>
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            <sshPrnamt>1211900</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>1211900</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Cheniere Energy Inc</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>16411R208</cusip>
        <value>31948704</value>
        <shrsOrPrnAmt>
            <sshPrnamt>138067</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>138067</Shared>
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        </votingAuthority>
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        <nameOfIssuer>Cheniere Energy Partners LP</nameOfIssuer>
        <titleOfClass>COM UNIT</titleOfClass>
        <cusip>16411Q101</cusip>
        <value>712572</value>
        <shrsOrPrnAmt>
            <sshPrnamt>10790</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>10790</Shared>
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        <nameOfIssuer>Chesapeake Utilities Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>165303108</cusip>
        <value>3603489</value>
        <shrsOrPrnAmt>
            <sshPrnamt>28058</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>28058</Shared>
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        </votingAuthority>
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        <nameOfIssuer>Chevron Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>166764100</cusip>
        <value>10854110</value>
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            <sshPrnamt>64882</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>64882</Shared>
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        <nameOfIssuer>Chubb Ltd</nameOfIssuer>
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        <cusip>H1467J104</cusip>
        <value>905970</value>
        <shrsOrPrnAmt>
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        <nameOfIssuer>Cimpress PLC</nameOfIssuer>
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        <cusip>G2143T103</cusip>
        <value>4482293</value>
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        <nameOfIssuer>Cinemark Holdings Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>17243V102</cusip>
        <value>45103169</value>
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            <sshPrnamt>1812100</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
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            <Shared>1812100</Shared>
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        <nameOfIssuer>Cisco Systems Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>17275R102</cusip>
        <value>9457058</value>
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            <sshPrnamt>153250</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>153250</Shared>
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        <nameOfIssuer>Citigroup Inc</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>172967424</cusip>
        <value>6417496</value>
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            <sshPrnamt>90400</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>90400</Shared>
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        <nameOfIssuer>Citizens Financial Group Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>174610105</cusip>
        <value>614550</value>
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            <sshPrnamt>15000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>15000</Shared>
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        <nameOfIssuer>CMS Energy Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <value>12220247</value>
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        <votingAuthority>
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            <Shared>162698</Shared>
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        <nameOfIssuer>Coca-Cola Co/The</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <value>10682123</value>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>149150</Shared>
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        <nameOfIssuer>Coinbase Global Inc</nameOfIssuer>
        <titleOfClass>COM CL A</titleOfClass>
        <cusip>19260Q107</cusip>
        <value>1153941</value>
        <shrsOrPrnAmt>
            <sshPrnamt>6700</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>6700</Shared>
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        </votingAuthority>
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        <nameOfIssuer>Colgate-Palmolive Co</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>194162103</cusip>
        <value>5781290</value>
        <shrsOrPrnAmt>
            <sshPrnamt>61700</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>61700</Shared>
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        <nameOfIssuer>Columbia Banking System Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>197236102</cusip>
        <value>623500</value>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>25000</Shared>
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        <nameOfIssuer>Comcast Corp</nameOfIssuer>
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        <value>5520240</value>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>149600</Shared>
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        <nameOfIssuer>ConnectOne Bancorp Inc</nameOfIssuer>
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        <cusip>20786W107</cusip>
        <value>2309450</value>
        <shrsOrPrnAmt>
            <sshPrnamt>95000</sshPrnamt>
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        <votingAuthority>
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            <Shared>95000</Shared>
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        <nameOfIssuer>ConocoPhillips</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>20825C104</cusip>
        <value>9580344</value>
        <shrsOrPrnAmt>
            <sshPrnamt>91224</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>91224</Shared>
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        </votingAuthority>
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        <nameOfIssuer>Consolidated Edison Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>209115104</cusip>
        <value>15088457</value>
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            <sshPrnamt>136436</sshPrnamt>
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            <Shared>136436</Shared>
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        <nameOfIssuer>Customers Bancorp Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>23204G100</cusip>
        <value>1857400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>37000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>37000</Shared>
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        <nameOfIssuer>CVS Health Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>126650100</cusip>
        <value>7046000</value>
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            <sshPrnamt>104000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>104000</Shared>
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        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>Darden Restaurants Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>237194105</cusip>
        <value>3095624</value>
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            <sshPrnamt>14900</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>14900</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Dave &amp; Buster's Entertainment Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>238337109</cusip>
        <value>2473856</value>
        <shrsOrPrnAmt>
            <sshPrnamt>140800</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>140800</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>DAVITA INC</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>23918K108</cusip>
        <value>10065426</value>
        <shrsOrPrnAmt>
            <sshPrnamt>65800</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>65800</Shared>
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        </votingAuthority>
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        <nameOfIssuer>Deere &amp; Co</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>244199105</cusip>
        <value>2816100</value>
        <shrsOrPrnAmt>
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        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>6000</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Dell Technologies Inc</nameOfIssuer>
        <titleOfClass>CL C</titleOfClass>
        <cusip>24703L202</cusip>
        <value>9151460</value>
        <shrsOrPrnAmt>
            <sshPrnamt>100400</sshPrnamt>
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        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>100400</Shared>
            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>Delta Air Lines Inc</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>247361702</cusip>
        <value>1778880</value>
        <shrsOrPrnAmt>
            <sshPrnamt>40800</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>40800</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>Devon Energy Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>25179M103</cusip>
        <value>2674100</value>
        <shrsOrPrnAmt>
            <sshPrnamt>71500</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>71500</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
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        <nameOfIssuer>Diamondback Energy Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>25278X109</cusip>
        <value>658706</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4120</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>4120</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
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        <nameOfIssuer>Dime Community Bancshares Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>25432X102</cusip>
        <value>1254600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>45000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>45000</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Dominion Energy Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>25746U109</cusip>
        <value>3604011</value>
        <shrsOrPrnAmt>
            <sshPrnamt>64277</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>64277</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Dow Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>260557103</cusip>
        <value>323010</value>
        <shrsOrPrnAmt>
            <sshPrnamt>9250</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>9250</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
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        <nameOfIssuer>DR Horton Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>23331A109</cusip>
        <value>2339192</value>
        <shrsOrPrnAmt>
            <sshPrnamt>18400</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>18400</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
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        <nameOfIssuer>Dream Finders Homes Inc</nameOfIssuer>
        <titleOfClass>COM CL A</titleOfClass>
        <cusip>26154D100</cusip>
        <value>4771440</value>
        <shrsOrPrnAmt>
            <sshPrnamt>211500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>211500</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>DT Midstream Inc</nameOfIssuer>
        <titleOfClass>COMMON STOCK</titleOfClass>
        <cusip>23345M107</cusip>
        <value>16328275</value>
        <shrsOrPrnAmt>
            <sshPrnamt>169240</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>169240</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
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        <nameOfIssuer>DTE Energy Co</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>233331107</cusip>
        <value>7024669</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50804</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>50804</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
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        <nameOfIssuer>Duke Energy Corp</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>26441C204</cusip>
        <value>13646857</value>
        <shrsOrPrnAmt>
            <sshPrnamt>111887</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>111887</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>Dycom Industries Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>267475101</cusip>
        <value>40050186</value>
        <shrsOrPrnAmt>
            <sshPrnamt>262900</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>262900</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
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        <nameOfIssuer>Eagle Bancorp Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>268948106</cusip>
        <value>2100000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>100000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>100000</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>Eastern Bankshares Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>27627N105</cusip>
        <value>2706000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>165000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>165000</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
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        <nameOfIssuer>EMCOR Group Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>29084Q100</cusip>
        <value>9462528</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>25600</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>Enbridge Inc</nameOfIssuer>
        <titleOfClass>ADR</titleOfClass>
        <cusip>29250N105</cusip>
        <value>25237425</value>
        <shrsOrPrnAmt>
            <sshPrnamt>569565</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>569565</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Energy Transfer LP</nameOfIssuer>
        <titleOfClass>COM UT LTD PTN</titleOfClass>
        <cusip>29273V100</cusip>
        <value>10799489</value>
        <shrsOrPrnAmt>
            <sshPrnamt>580930</sshPrnamt>
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        </shrsOrPrnAmt>
        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>580930</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Entergy Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>29364G103</cusip>
        <value>574493</value>
        <shrsOrPrnAmt>
            <sshPrnamt>6720</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>6720</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Enterprise Products Partners LP</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>293792107</cusip>
        <value>10585107</value>
        <shrsOrPrnAmt>
            <sshPrnamt>310050</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>310050</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>EOG Resources Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>26875P101</cusip>
        <value>3248319</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25330</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>25330</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>EQT Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>26884L109</cusip>
        <value>32116666</value>
        <shrsOrPrnAmt>
            <sshPrnamt>601098</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>601098</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Equinor ASA</nameOfIssuer>
        <titleOfClass>SPONSORED ADR</titleOfClass>
        <cusip>29446M102</cusip>
        <value>5808420</value>
        <shrsOrPrnAmt>
            <sshPrnamt>219600</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>219600</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Equitable Hldgs Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>29452E101</cusip>
        <value>1250160</value>
        <shrsOrPrnAmt>
            <sshPrnamt>24000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>24000</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Essential Utilities Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>29670G102</cusip>
        <value>6633134</value>
        <shrsOrPrnAmt>
            <sshPrnamt>167800</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>167800</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Everus Construction Group Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>300426103</cusip>
        <value>16244493</value>
        <shrsOrPrnAmt>
            <sshPrnamt>437975</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>437975</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Exelon Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>30161N101</cusip>
        <value>6636948</value>
        <shrsOrPrnAmt>
            <sshPrnamt>144031</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>144031</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Expand Energy Corporation</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>165167735</cusip>
        <value>389620</value>
        <shrsOrPrnAmt>
            <sshPrnamt>3500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>3500</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Exxon Mobil Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>30231G102</cusip>
        <value>6768544</value>
        <shrsOrPrnAmt>
            <sshPrnamt>56912</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>56912</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Ferguson Enterprises Inc</nameOfIssuer>
        <titleOfClass>COMMON STOCK NEW</titleOfClass>
        <cusip>31488V107</cusip>
        <value>2419473</value>
        <shrsOrPrnAmt>
            <sshPrnamt>15100</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>15100</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>First Solar Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>336433107</cusip>
        <value>316075</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2500</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>2500</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
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        <nameOfIssuer>Flagstar Financial Inc</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>649445400</cusip>
        <value>2870140</value>
        <shrsOrPrnAmt>
            <sshPrnamt>247000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>247000</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Fluor Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>343412102</cusip>
        <value>33953778</value>
        <shrsOrPrnAmt>
            <sshPrnamt>947900</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>947900</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Ford Motor Co</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>345370860</cusip>
        <value>5392128</value>
        <shrsOrPrnAmt>
            <sshPrnamt>537600</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>537600</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Forestar Group Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>346232101</cusip>
        <value>4817806</value>
        <shrsOrPrnAmt>
            <sshPrnamt>227900</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>227900</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Fortis Inc/Canada</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>349553107</cusip>
        <value>5308976</value>
        <shrsOrPrnAmt>
            <sshPrnamt>116476</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>116476</Shared>
            <None>0</None>
        </votingAuthority>
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    <infoTable>
        <nameOfIssuer>Freeport-McMoRan Inc</nameOfIssuer>
        <titleOfClass>CL B</titleOfClass>
        <cusip>35671D857</cusip>
        <value>3207499</value>
        <shrsOrPrnAmt>
            <sshPrnamt>84720</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>84720</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>Gap Inc/The</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>364760108</cusip>
        <value>7421661</value>
        <shrsOrPrnAmt>
            <sshPrnamt>360100</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>360100</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>Gilat Satellite Networks Ltd</nameOfIssuer>
        <titleOfClass>SHS NEW</titleOfClass>
        <cusip>M51474118</cusip>
        <value>138970</value>
        <shrsOrPrnAmt>
            <sshPrnamt>21885</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>21885</Shared>
            <None>0</None>
        </votingAuthority>
    </infoTable>
    <infoTable>
        <nameOfIssuer>Gilead Sciences Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>375558103</cusip>
        <value>6678180</value>
        <shrsOrPrnAmt>
            <sshPrnamt>59600</sshPrnamt>
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        <votingAuthority>
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            <Shared>59600</Shared>
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        <titleOfClass>CL A</titleOfClass>
        <cusip>380237107</cusip>
        <value>2431890</value>
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            <sshPrnamt>13500</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>13500</Shared>
            <None>0</None>
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        <nameOfIssuer>Goldman Sachs Group Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>38141G104</cusip>
        <value>1256467</value>
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            <sshPrnamt>2300</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>2300</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Granite Construction Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>387328107</cusip>
        <value>47803600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>634000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>634000</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Graphic Packaging Holding Co</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>388689101</cusip>
        <value>44965316</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1732100</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>1732100</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Greenbrier Cos Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>393657101</cusip>
        <value>9071062</value>
        <shrsOrPrnAmt>
            <sshPrnamt>177100</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>177100</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Griffon Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>398433102</cusip>
        <value>8980400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>125600</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>125600</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Groupon Inc</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>399473206</cusip>
        <value>14417237</value>
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            <sshPrnamt>768100</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>768100</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>GSK PLC</nameOfIssuer>
        <titleOfClass>SPONSORED ADR</titleOfClass>
        <cusip>37733W204</cusip>
        <value>6340188</value>
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            <sshPrnamt>163660</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>163660</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Guess Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <value>3206979</value>
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            <sshPrnamt>289700</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>289700</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Halliburton Co</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>406216101</cusip>
        <value>2889136</value>
        <shrsOrPrnAmt>
            <sshPrnamt>113880</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>113880</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Hancock Whitney Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>410120109</cusip>
        <value>1468600</value>
        <shrsOrPrnAmt>
            <sshPrnamt>28000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>28000</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Hanesbrands Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>410345102</cusip>
        <value>40162662</value>
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            <sshPrnamt>6960600</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>6960600</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>HCA Healthcare Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>40412C101</cusip>
        <value>3006285</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8700</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>8700</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Helmerich &amp; Payne Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>423452101</cusip>
        <value>574640</value>
        <shrsOrPrnAmt>
            <sshPrnamt>22000</sshPrnamt>
            <sshPrnamtType>SH</sshPrnamtType>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>22000</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Herc Holdings Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>42704L104</cusip>
        <value>40691732</value>
        <shrsOrPrnAmt>
            <sshPrnamt>303059</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>303059</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Hershey Co/The</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>427866108</cusip>
        <value>3010128</value>
        <shrsOrPrnAmt>
            <sshPrnamt>17600</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>17600</Shared>
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        </votingAuthority>
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        <nameOfIssuer>Hess Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>42809H107</cusip>
        <value>2859167</value>
        <shrsOrPrnAmt>
            <sshPrnamt>17900</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>17900</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Hingham Institution For Savings The</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>433323102</cusip>
        <value>1426800</value>
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            <sshPrnamt>6000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>6000</Shared>
            <None>0</None>
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        <nameOfIssuer>Home Depot Inc/The</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>437076102</cusip>
        <value>5130860</value>
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            <sshPrnamt>14000</sshPrnamt>
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        <votingAuthority>
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            <Shared>14000</Shared>
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        <nameOfIssuer>HomeStreet Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>43785V102</cusip>
        <value>1232700</value>
        <shrsOrPrnAmt>
            <sshPrnamt>105000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>105000</Shared>
            <None>0</None>
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        <nameOfIssuer>HomeTrust Bancshares Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>437872104</cusip>
        <value>2056800</value>
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            <sshPrnamt>60000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>60000</Shared>
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        <value>2301039</value>
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            <sshPrnamt>83100</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>83100</Shared>
            <None>0</None>
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        <nameOfIssuer>HSBC Holdings PLC</nameOfIssuer>
        <titleOfClass>SPON ADR NEW</titleOfClass>
        <cusip>404280406</cusip>
        <value>6208183</value>
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            <sshPrnamt>108100</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>108100</Shared>
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        <nameOfIssuer>IES Holdings Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>44951W106</cusip>
        <value>12234651</value>
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            <sshPrnamt>74100</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>74100</Shared>
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        </votingAuthority>
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        <nameOfIssuer>Independent Bank Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>453836108</cusip>
        <value>3445750</value>
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            <sshPrnamt>55000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>55000</Shared>
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        <nameOfIssuer>Ingredion Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>457187102</cusip>
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            <sshPrnamt>388300</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>388300</Shared>
            <None>0</None>
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        <nameOfIssuer>Insight Enterprises Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>45765U103</cusip>
        <value>35262649</value>
        <shrsOrPrnAmt>
            <sshPrnamt>235100</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>235100</Shared>
            <None>0</None>
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        <nameOfIssuer>Interface Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <value>10842560</value>
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            <sshPrnamt>546500</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>546500</Shared>
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        </votingAuthority>
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        <nameOfIssuer>International Business Machines Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>459200101</cusip>
        <value>10344256</value>
        <shrsOrPrnAmt>
            <sshPrnamt>41600</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>41600</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Jabil Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>466313103</cusip>
        <value>2384082</value>
        <shrsOrPrnAmt>
            <sshPrnamt>17521</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>17521</Shared>
            <None>0</None>
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        <nameOfIssuer>JELD-WEN Holding Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>47580P103</cusip>
        <value>2556951</value>
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            <sshPrnamt>428300</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>428300</Shared>
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        <nameOfIssuer>Johnson &amp; Johnson</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>478160104</cusip>
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            <sshPrnamt>80750</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
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            <Sole>0</Sole>
            <Shared>80750</Shared>
            <None>0</None>
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        <nameOfIssuer>JPMORGAN CHASE &amp; CO.</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>46625H100</cusip>
        <value>1349150</value>
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            <sshPrnamt>5500</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>5500</Shared>
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        <nameOfIssuer>KB Home</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>48666K109</cusip>
        <value>35540380</value>
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            <sshPrnamt>611500</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>611500</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>KBR Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>48242W106</cusip>
        <value>36829514</value>
        <shrsOrPrnAmt>
            <sshPrnamt>739400</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>739400</Shared>
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        </votingAuthority>
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        <nameOfIssuer>KeyCorp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>493267108</cusip>
        <value>639600</value>
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            <sshPrnamt>40000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>40000</Shared>
            <None>0</None>
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        <nameOfIssuer>Kimberly-Clark Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>494368103</cusip>
        <value>3015064</value>
        <shrsOrPrnAmt>
            <sshPrnamt>21200</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>21200</Shared>
            <None>0</None>
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        <nameOfIssuer>Kinder Morgan Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>49456B101</cusip>
        <value>29173665</value>
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            <sshPrnamt>1022561</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>1022561</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Koppers Holdings Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>50060P106</cusip>
        <value>4636800</value>
        <shrsOrPrnAmt>
            <sshPrnamt>165600</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>165600</Shared>
            <None>0</None>
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        <nameOfIssuer>Kraft Heinz Co/The</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>500754106</cusip>
        <value>5690410</value>
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            <sshPrnamt>187000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>187000</Shared>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>93800</Shared>
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        <titleOfClass>COM</titleOfClass>
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        <value>2347956</value>
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            <sshPrnamt>17400</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>17400</Shared>
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        <nameOfIssuer>LendingTree Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>217600</Shared>
            <None>0</None>
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            <sshPrnamt>432600</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>432600</Shared>
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        <nameOfIssuer>Lincoln National Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <value>55901097</value>
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            <sshPrnamt>1556700</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>1556700</Shared>
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        <titleOfClass>COM</titleOfClass>
        <cusip>538034109</cusip>
        <value>11360460</value>
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            <sshPrnamt>87000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>87000</Shared>
            <None>0</None>
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        <nameOfIssuer>Lockheed Martin Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>539830109</cusip>
        <value>2456905</value>
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            <sshPrnamt>5500</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>5500</Shared>
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        <value>2425592</value>
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            <sshPrnamt>10400</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>10400</Shared>
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        <nameOfIssuer>LPL Financial Holdings Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <value>2551692</value>
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            <sshPrnamt>7800</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>7800</Shared>
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        <nameOfIssuer>Lumen Technologies Inc</nameOfIssuer>
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        <value>30321592</value>
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            <sshPrnamt>7735100</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>7735100</Shared>
            <None>0</None>
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        <titleOfClass>COM</titleOfClass>
        <cusip>55261F104</cusip>
        <value>715000</value>
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            <sshPrnamt>4000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>4000</Shared>
            <None>0</None>
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        <titleOfClass>COM</titleOfClass>
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            <sshPrnamt>299200</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>299200</Shared>
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        <value>6445110</value>
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        <votingAuthority>
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        <cusip>57636Q104</cusip>
        <value>1589548</value>
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            <sshPrnamt>2900</sshPrnamt>
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        <votingAuthority>
            <Sole>0</Sole>
            <Shared>2900</Shared>
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        <votingAuthority>
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        <nameOfIssuer>McDonald's Corp</nameOfIssuer>
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        <cusip>580135101</cusip>
        <value>9745944</value>
        <shrsOrPrnAmt>
            <sshPrnamt>31200</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>31200</Shared>
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        <value>33437952</value>
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        <votingAuthority>
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        <votingAuthority>
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            <Shared>62100</Shared>
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        <nameOfIssuer>Morgan Stanley</nameOfIssuer>
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        <value>5506824</value>
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        <nameOfIssuer>MPLX LP</nameOfIssuer>
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        <cusip>636180101</cusip>
        <value>6669699</value>
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        <nameOfIssuer>National Grid PLC</nameOfIssuer>
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        <value>13078960</value>
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        <nameOfIssuer>NB Bancorp Inc</nameOfIssuer>
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        <votingAuthority>
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            <Shared>23342</Shared>
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        <nameOfIssuer>New Jersey Resources Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <nameOfIssuer>NEWELL BRANDS INC</nameOfIssuer>
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        <value>41071900</value>
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        <nameOfIssuer>NextEra Energy Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>65339F101</cusip>
        <value>749307</value>
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            <sshPrnamt>10570</sshPrnamt>
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            <Shared>10570</Shared>
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        <nameOfIssuer>NIKE Inc</nameOfIssuer>
        <titleOfClass>CL B</titleOfClass>
        <cusip>654106103</cusip>
        <value>4907004</value>
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            <sshPrnamt>77300</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>77300</Shared>
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        <nameOfIssuer>NiSource Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>65473P105</cusip>
        <value>16251724</value>
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            <sshPrnamt>405381</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>405381</Shared>
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        <nameOfIssuer>Nordstrom Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>655664100</cusip>
        <value>51670185</value>
        <shrsOrPrnAmt>
            <sshPrnamt>2113300</sshPrnamt>
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        <votingAuthority>
            <Sole>0</Sole>
            <Shared>2113300</Shared>
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        <nameOfIssuer>Northeast Community Bancorp Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>664121100</cusip>
        <value>586000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>25000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>25000</Shared>
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        <nameOfIssuer>Northwest Natural Holding Co</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>66765N105</cusip>
        <value>2405264</value>
        <shrsOrPrnAmt>
            <sshPrnamt>56303</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
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            <Shared>56303</Shared>
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        <nameOfIssuer>Northwestern Energy Group Inc</nameOfIssuer>
        <titleOfClass>COM NEW</titleOfClass>
        <cusip>668074305</cusip>
        <value>1041544</value>
        <shrsOrPrnAmt>
            <sshPrnamt>17998</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>17998</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>NOV Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>62955J103</cusip>
        <value>774698</value>
        <shrsOrPrnAmt>
            <sshPrnamt>50900</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>50900</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>NVR Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <votingAuthority>
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            <Shared>300</Shared>
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        <titleOfClass>COM</titleOfClass>
        <cusip>675234108</cusip>
        <value>3231900</value>
        <shrsOrPrnAmt>
            <sshPrnamt>190000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>190000</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Old National Bancorp/IN</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>680033107</cusip>
        <value>2013050</value>
        <shrsOrPrnAmt>
            <sshPrnamt>95000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>95000</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>ONE Gas Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>68235P108</cusip>
        <value>6695384</value>
        <shrsOrPrnAmt>
            <sshPrnamt>88575</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>88575</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>ONEOK Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>682680103</cusip>
        <value>31924432</value>
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            <sshPrnamt>321754</sshPrnamt>
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        <votingAuthority>
            <Sole>0</Sole>
            <Shared>321754</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Orange County Bancorp Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>68417L107</cusip>
        <value>818650</value>
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            <sshPrnamt>35000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>35000</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Oscar Health Inc</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>687793109</cusip>
        <value>49899282</value>
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            <sshPrnamt>3806200</sshPrnamt>
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        <votingAuthority>
            <Sole>0</Sole>
            <Shared>3806200</Shared>
            <None>0</None>
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        <nameOfIssuer>PACCAR Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <value>2385565</value>
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            <sshPrnamt>24500</sshPrnamt>
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        <votingAuthority>
            <Sole>0</Sole>
            <Shared>24500</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Pacific Premier Bancorp Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>69478X105</cusip>
        <value>2345200</value>
        <shrsOrPrnAmt>
            <sshPrnamt>110000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>110000</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>PayPal Holdings Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>70450Y103</cusip>
        <value>1305000</value>
        <shrsOrPrnAmt>
            <sshPrnamt>20000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>20000</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Peloton Interactive Inc</nameOfIssuer>
        <titleOfClass>CL A COM</titleOfClass>
        <cusip>70614W100</cusip>
        <value>56419904</value>
        <shrsOrPrnAmt>
            <sshPrnamt>8927200</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>8927200</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Penguin Solutions Inc</nameOfIssuer>
        <titleOfClass>SHS</titleOfClass>
        <cusip>G8232Y101</cusip>
        <value>7549002</value>
        <shrsOrPrnAmt>
            <sshPrnamt>434600</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>434600</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>PepsiCo Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>713448108</cusip>
        <value>8276688</value>
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            <sshPrnamt>55200</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>55200</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Petroleo Brasileiro SA</nameOfIssuer>
        <titleOfClass>SPONSORED ADR</titleOfClass>
        <cusip>71654V408</cusip>
        <value>5720226</value>
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            <sshPrnamt>398900</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>398900</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Pfizer Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>717081103</cusip>
        <value>5273254</value>
        <shrsOrPrnAmt>
            <sshPrnamt>208100</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>208100</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>PG&amp;E Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>69331C108</cusip>
        <value>14330680</value>
        <shrsOrPrnAmt>
            <sshPrnamt>834149</sshPrnamt>
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        <votingAuthority>
            <Sole>0</Sole>
            <Shared>834149</Shared>
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        </votingAuthority>
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        <nameOfIssuer>Philip Morris International Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>718172109</cusip>
        <value>10682529</value>
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            <sshPrnamt>67300</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>67300</Shared>
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        </votingAuthority>
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        <nameOfIssuer>Phillips 66</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>718546104</cusip>
        <value>617400</value>
        <shrsOrPrnAmt>
            <sshPrnamt>5000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>5000</Shared>
            <None>0</None>
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        <nameOfIssuer>Plains All American Pipeline LP</nameOfIssuer>
        <titleOfClass>UNIT LTD PARTN</titleOfClass>
        <cusip>726503105</cusip>
        <value>8763920</value>
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            <sshPrnamt>438196</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>438196</Shared>
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        <nameOfIssuer>PNC Financial Services Group Inc/The</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>693475105</cusip>
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        <votingAuthority>
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            <Shared>8000</Shared>
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        </votingAuthority>
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        <nameOfIssuer>Post Holdings Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>737446104</cusip>
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            <sshPrnamt>452500</sshPrnamt>
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        <votingAuthority>
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            <Shared>452500</Shared>
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        <nameOfIssuer>PPL Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
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        <votingAuthority>
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            <Shared>181419</Shared>
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        <nameOfIssuer>Priority Technology Holdings Inc</nameOfIssuer>
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        <cusip>74275G107</cusip>
        <value>170375</value>
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            <sshPrnamt>25000</sshPrnamt>
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            <Shared>25000</Shared>
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        <nameOfIssuer>Procter &amp; Gamble Co/The</nameOfIssuer>
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        <votingAuthority>
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        <nameOfIssuer>ProFrac Holding Corp</nameOfIssuer>
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        <cusip>74319N100</cusip>
        <value>227700</value>
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        <votingAuthority>
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            <Shared>30000</Shared>
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        <nameOfIssuer>Progressive Corp/The</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>743315103</cusip>
        <value>3141411</value>
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        <votingAuthority>
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            <Shared>11100</Shared>
            <None>0</None>
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        <nameOfIssuer>Provident Financial Services Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>74386T105</cusip>
        <value>2918900</value>
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            <sshPrnamt>170000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
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            <Shared>170000</Shared>
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        <nameOfIssuer>Public Service Enterprise Group Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>744573106</cusip>
        <value>14376987</value>
        <shrsOrPrnAmt>
            <sshPrnamt>174690</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>174690</Shared>
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        <nameOfIssuer>PulteGroup Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>745867101</cusip>
        <value>2374680</value>
        <shrsOrPrnAmt>
            <sshPrnamt>23100</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>23100</Shared>
            <None>0</None>
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        <nameOfIssuer>PVH Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>693656100</cusip>
        <value>4665715</value>
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            <sshPrnamt>72180</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>72180</Shared>
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        </votingAuthority>
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        <nameOfIssuer>QUALCOMM Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>747525103</cusip>
        <value>2666055</value>
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            <sshPrnamt>17356</sshPrnamt>
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        <votingAuthority>
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            <Shared>17356</Shared>
            <None>0</None>
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        <nameOfIssuer>Quanex Building Products Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>747619104</cusip>
        <value>4547449</value>
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            <sshPrnamt>244618</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>244618</Shared>
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        <nameOfIssuer>Redfin Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>75737F108</cusip>
        <value>42757425</value>
        <shrsOrPrnAmt>
            <sshPrnamt>4642500</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>4642500</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>REV Group Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>749527107</cusip>
        <value>13069760</value>
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            <sshPrnamt>413600</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>413600</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>RGC Resources Inc</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>74955L103</cusip>
        <value>326699</value>
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            <sshPrnamt>15654</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>15654</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>RingCentral Inc</nameOfIssuer>
        <titleOfClass>CL A</titleOfClass>
        <cusip>76680R206</cusip>
        <value>38043740</value>
        <shrsOrPrnAmt>
            <sshPrnamt>1536500</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>1536500</Shared>
            <None>0</None>
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        <nameOfIssuer>Robinhood Markets Inc</nameOfIssuer>
        <titleOfClass>COM CL A</titleOfClass>
        <cusip>770700102</cusip>
        <value>1290220</value>
        <shrsOrPrnAmt>
            <sshPrnamt>31000</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>31000</Shared>
            <None>0</None>
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        <nameOfIssuer>Royal Bank of Canada</nameOfIssuer>
        <titleOfClass>ADR</titleOfClass>
        <cusip>780087102</cusip>
        <value>5117488</value>
        <shrsOrPrnAmt>
            <sshPrnamt>45400</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>45400</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>RTX Corp</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>75513E101</cusip>
        <value>5987192</value>
        <shrsOrPrnAmt>
            <sshPrnamt>45200</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>45200</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Schlumberger NV</nameOfIssuer>
        <titleOfClass>COM STK</titleOfClass>
        <cusip>806857108</cusip>
        <value>5869138</value>
        <shrsOrPrnAmt>
            <sshPrnamt>140410</sshPrnamt>
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        <investmentDiscretion>SOLE</investmentDiscretion>
        <votingAuthority>
            <Sole>0</Sole>
            <Shared>140410</Shared>
            <None>0</None>
        </votingAuthority>
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        <nameOfIssuer>Sempra</nameOfIssuer>
        <titleOfClass>COM</titleOfClass>
        <cusip>816851109</cusip>
        <value>24525005</value>
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        <votingAuthority>
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        <votingAuthority>
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            <sshPrnamt>144000</sshPrnamt>
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            <sshPrnamt>624100</sshPrnamt>
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            <sshPrnamt>114746</sshPrnamt>
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        <cusip>969457100</cusip>
        <value>5452024</value>
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        <value>47617404</value>
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            <sshPrnamt>1679034</sshPrnamt>
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