The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALLIANCE RES PARTNERS LP COM 01877r108 6,314 113,505 SH   SOLE 0 0 0 82,005
AMERN EAGLE OUTFITRS NEW COM 02553e106 1,311 91,100 SH   SOLE 0 0 0 91,100
ANADARKO PETE CORP COM 032511107 1,100 13,865 SH   SOLE 0 0 0 13,865
APPLE INC COM 037833100 7,050 12,567 SH   SOLE 0 0 0 12,567
BARRICK GOLD CORP COM 067901108 1,723 97,724 SH   SOLE 0 0 0 97,724
BOARDWALK PIPELINE PARTNERSLP COM UNIT LTD COM 096627104 3,873 151,756 SH   SOLE 0 0 0 151,756
BRINKS CO COM 109696104 746 21,848 SH   SOLE 0 0 0 21,848
BUCKEYE PARTNERS L P UNITLTD PARTNERSHIP I COM 118230101 4,359 61,392 SH   SOLE 0 0 0 61,392
CALUMET SPECIALTY PROD COM 131476103 16,183 621,955 SH   SOLE 0 0 0 621,955
CHEVRON CORPORATION COM 166764100 9,854 78,885 SH   SOLE 0 0 0 78,885
CIRRUS LOGIC INC COM 172755100 798 39,066 SH   SOLE 0 0 0 39,066
CLIFFS NATURAL RES INC COM 18683k101 6,742 257,233 SH   SOLE 0 0 0 257,233
COEUR MINING INC COM 192108504 765 70,588 SH   SOLE 0 0 0 70,588
COMSTOCK RES INC COM 205768203 1,342 73,400 SH   SOLE 0 0 0 73,400
CONOCOPHILLIPS COM 20825c104 10,438 147,747 SH   SOLE 0 0 0 147,747
COOPER TIRE & RUBBER CO COM 216831107 1,478 61,503 SH   SOLE 0 0 0 61,503
DEVON ENERGY CORP NEW COM 25179m103 1,667 26,948 SH   SOLE 0 0 0 26,948
DIAMOND OFFSHR DRILLING COM 25271C102 841 14,776 SH   SOLE 0 0 0 14,776
DIREXION SHS NEW ETF DAILY S&P 500 BEAR 3X COM 25459y371 2,325 70,000 SH   SOLE 0 0 0 70,000
DORCHESTER MINERALS LP COM 25820r105 6,719 258,618 SH   SOLE 0 0 0 258,618
ENBRIDGE ENERGY PARTNERSLP COM 29250r106 3,790 126,902 SH   SOLE 0 0 0 126,902
ENERGY TRANSFER PARTNERS UNITS REP L P INT COM 29273R109 4,681 81,780 SH   SOLE 0 0 0 81,780
ENTERGY CORP NEW COM 29364g103 5,823 92,031 SH   SOLE 0 0 0 92,031
ENTERPRISE PRODUCTS PPTNSLP COM 293792107 3,582 54,030 SH   SOLE 0 0 0 54,030
EXELON CORPORATION COM 30161N101 1,873 68,391 SH   SOLE 0 0 0 68,391
EXXON MOBIL CORP COM 30231g102 2,332 23,039 SH   SOLE 0 0 0 23,039
EZCORP INC CL A NON VTG COM 302301106 1,372 117,370 SH   SOLE 0 0 0 117,370
FREEPORT MCMORAN COPPER COM 35671D857 7,577 200,776 SH   SOLE 0 0 0 200,776
HAWAIIAN HOLDINGS INC COM 419879101 834 86,690 SH   SOLE 0 0 0 86,690
HESS CORP COM COM 42809h107 1,810 21,806 SH   SOLE 0 0 0 21,806
HEWLETT-PACKARD COMPANY COM 428236103 6,960 248,757 SH   SOLE 0 0 0 248,757
HOLLYFRONTIER CORP COM 436106108 7,573 152,402 SH   SOLE 0 0 0 152,402
IAMGOLD CORPORATION F COM 450913108 1,203 361,387 SH   SOLE 0 0 0 361,387
INTEL CORP COM 458140100 8,278 318,941 SH   SOLE 0 0 0 381,941
INTREPID POTASH INC COM 46121y102 710 24,075 SH   SOLE 0 0 0 24,075
ISHARES MSCI EAFE ETF COM 464287465 1,692 25,216 SH   SOLE 0 0 0 25,216
ISHARES MSCI EMERGINGMARKETS ETF COM 464287234 1,343 32,128 SH   SOLE 0 0 0 32,128
ISHARES MSCI PACIFICEX JAPAN ETF COM 464286665 1,472 31,505 SH   SOLE 0 0 0 31,505
JOY GLOBAL INC COM 481165108 8,139 139,155 SH   SOLE 0 0 0 139,155
KINDER MORGAN ENERGY PARTNERSL P COM 494550106 3,339 41,395 SH   SOLE 0 0 0 41,395
LEGACY RESVS LP COM 524707304 2,858 101,481 SH   SOLE 0 0 0 101,481
LILLY ELI & CO COM 532457108 2,602 51,035 SH   SOLE 0 0 0 51,035
MAGELLAN MIDSTREAM PARTNERSLP COMUNIT REPS COM 559080106 4,086 64,585 SH   SOLE 0 0 0 64,585
MARATHON OIL CORP ISIN#US5658491064 SEDOL# COM 565849106 1,353 38,327 SH   SOLE 0 0 0 38,327
MARKET VECTORS ETF TR GOLD MINERS COM 57060U100 3,339 158,000 SH   SOLE 0 0 0 158,000
MARTIN MIDSTREAM PTNR LP COM 573331105 2,233 52,169 SH   SOLE 0 0 0 52,169
MICROSOFT CORP COM 594918104 3,647 97,496 SH   SOLE 0 0 0 97,496
MOSAIC CO NEW COM 61945c103 7,337 155,216 SH   SOLE 0 0 0 155,216
MURPHY OIL CORP COM 626717102 6,708 103,388 SH   SOLE 0 0 0 103,388
NATURAL RESOURCE PTNR LP COM 63900p103 1,654 82,925 SH   SOLE 0 0 0 82,925
NEWMONT MNG CORP HLDGCO COM 651639106 1,042 45,241 SH   SOLE 0 0 0 45,241
NUSTAR ENERGY LP COM 67058h102 7,216 141,519 SH   SOLE 0 0 0 141,519
OCCIDENTAL PETE CORP COM 674599105 297,845 3,131,924 SH   SOLE 0 0 0 3,131,924
OLIN CORP COM 680665205 7,234 250,765 SH   SOLE 0 0 0 250,765
ONEOK PARTNERS L P UNITLTD PARTNERSHIP COM 68268N103 1,147 21,802 SH   SOLE 0 0 0 21,802
PAN AMERICAN SILVER CP F COM 697900108 837 71,515 SH   SOLE 0 0 0 71,515
PATTERSON UTI ENERGY INC COM 703481101 814 32,180 SH   SOLE 0 0 0 32,180
PFIZER INCORPORATED COM 717081103 4,850 158,366 SH   SOLE 0 0 0 158,366
PG & E CORP COM 69331c108 1,534 38,084 SH   SOLE 0 0 0 38,084
PLAINS ALL AMERICAN PIPELINELP COM 726503105 3,379 65,279 SH   SOLE 0 0 0 65,279
PUBLIC SERVICE ENTERPRISEGROUP INC COM 744573106 4,126 128,785 SH   SOLE 0 0 0 128,785
SECTOR SPDR TR SHS BENINT FINANCIAL COM 81369y605 3,403 155,702 SH   SOLE 0 0 0 155,702
SOUTHERN COPPER CORP COM 843611104 3,657 127,385 SH   SOLE 0 0 0 127,385
STONE ENERGY CORP COM 861642106 838 24,254 SH   SOLE 0 0 0 24,254
SUBURBAN PROPANE PARTNERSL P COM 864486AB1 649 13,852 SH   SOLE 0 0 0 13,852
SUN COMMUNITIES INC REIT COM 866674104 12,781 299,753 SH   SOLE 0 0 0 299,753
SUNCOR ENERGY COM NPV NEW ISIN#CA867224107 COM 867229106 578 16,500 SH   SOLE 0 0 0 16,500
SUNOCO LOGISTICS PARTNERSL P COM UNIT COM 86764l108 4,405 58,355 SH   SOLE 0 0 0 58,355
SUSSER PETROLEUM PTNR LP COM 869239103 948 28,667 SH   SOLE 0 0 0 28,667
SWIFT ENERGY COMPANY COM 870738101 984 72,945 SH   SOLE 0 0 0 72,945
TELENAV INC COM 879455103 788 119,615 SH   SOLE 0 0 0 119,615
TELEPHONE & DATA SYS NEW COM 879433829 808 31,370 SH   SOLE 0 0 0 31,370
TIMKEN COMPANY COM 887389104 6,407 116,344 SH   SOLE 0 0 0 116,344
UNIVERSAL CORP VA COM 913456109 4,392 80,453 SH   SOLE 0 0 0 80,453
VAALCO ENERGY INC NEW COM 91851C201 814 118,248 SH   SOLE 0 0 0 118,248
VALERO ENERGY CORP NEW COM 91913Y100 9,175 182,050 SH   SOLE 0 0 0 182,050
VANGUARD GNMA FUND ADMIRAL SHARE COM 922031794 214 20,620 SH   SOLE 0 0 0 20,620
VERIZON COMMUNICATIONS COM 92343V104 6,659 135,516 SH   SOLE 0 0 0 135,516
WASTE MANAGEMENT INC DEL COM 94106l109 1,133 25,241 SH   SOLE 0 0 0 25,241
WEYERHAEUSER CO COM COM 962166104 4,213 133,441 SH   SOLE 0 0 0 133,441
WILLIAMS PARTNERS LP COMUNIT LTD PARTNERSH COM 96950f104 939 18,474 SH   SOLE 0 0 0 18,474