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
EURONAV NV SHS B38564108 5 437 SH   SOLE   437 0 0
GOLAR LNG LTD SHS G9456A100 34,675 1,524,192 SH   SOLE   1,333,333 0 190,859
TE CONNECTIVITY LTD SHS H84989104 414 3,657 SH   SOLE   3,657 0 0
NXP SEMICONDUCTORS N V COM N6596X109 4 28 SH   SOLE   28 0 0
AT&T INC COM 00206R102 5,468 260,896 SH   SOLE   121,292 0 139,604
ABBVIE INC COM 00287Y109 61 400 SH   SOLE   400 0 0
AMERICAN ELEC PWR CO INC COM 025537101 29 300 SH   SOLE   300 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 6 89 SH   SOLE   89 0 0
BP PLC SPONSORED ADR 055622104 18,065 637,214 SH   SOLE   547,214 0 90,000
BK OF AMERICA CORP COM 060505104 4,503 144,664 SH   SOLE   81,364 0 63,300
BLACK HILLS CORP COM 092113109 634 8,713 SH   SOLE   8,713 0 0
BLOCK H & R INC COM 093671105 917 25,967 SH   SOLE   25,967 0 0
C & F FINL CORP COM 12466Q104 881 19,163 SH   SOLE   19,163 0 0
CNO FINL GROUP INC COM 12621E103 6,547 361,929 SH   SOLE   308,794 0 53,135
CSI COMPRESSCO LP COM UNIT 12637A103 1,126 879,533 SH   SOLE   879,533 0 0
CAPSTAR FINL HLDGS INC COM 14070T102 1,065 54,300 SH   SOLE   54,300 0 0
CARRIER GLOBAL CORPORATION COM 14448C104 2,030 56,932 SH   SOLE   34,332 0 22,600
CARTER BANKSHARES INC COM NEW 146103106 5,358 405,938 SH   SOLE   405,938 0 0
CATCHMARK TIMBER TR INC CL A 14912Y202 201 20,000 SH   SOLE   20,000 0 0
CHESAPEAKE ENERGY CORP COM 165167735 3,628 44,740 SH   SOLE   44,740 0 0
CHEVRON CORP NEW COM 166764100 6,863 47,400 SH   SOLE   47,400 0 0
CITIGROUP INC COM NEW 172967424 4,680 101,751 SH   SOLE   45,051 0 56,700
COMTECH TELECOMMUNICATIONS C COM NEW 205826209 2,066 227,767 SH   SOLE   227,767 0 0
CONAGRA BRANDS INC COM 205887102 310 9,055 SH   SOLE   9,055 0 0
CONMED CORP COM 207410101 1,390 14,520 SH   SOLE   14,520 0 0
CONOCOPHILLIPS COM 20825C104 3,152 35,100 SH   SOLE   35,100 0 0
CONSTELLATION ENERGY CORP COM 21037T109 430 7,510 SH   SOLE   7,510 0 0
DEVON ENERGY CORP NEW COM 25179M103 4,993 90,600 SH   SOLE   77,500 0 13,100
ENOVA INTL INC COM 29357K103 3,915 135,828 SH   SOLE   113,572 0 22,256
ENTERGY CORP NEW COM 29364G103 152 1,350 SH   SOLE   1,350 0 0
EVERGY INC COM 30034W106 115 1,758 SH   SOLE   1,758 0 0
EXELON CORP COM 30161N101 346 7,636 SH   SOLE   7,636 0 0
EXXON MOBIL CORP COM 30231G102 856 10,000 SH   SOLE   10,000 0 0
FEDEX CORP COM 31428X106 5,061 22,323 SH   SOLE   14,123 0 8,200
F5 INC COM 315616102 46 300 SH   SOLE   300 0 0
FIRST BANCORP N C COM 318910106 1,070 30,669 SH   SOLE   30,669 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103 6,744 10,316 SH   SOLE   8,916 0 1,400
FIRST HORIZON CORPORATION COM 320517105 17,712 810,263 SH   SOLE   612,078 0 198,185
FIRST UTD CORP COM 33741H107 283 15,104 SH   SOLE   15,104 0 0
FOSTER L B CO COM 350060109 41 3,183 SH   SOLE   3,183 0 0
GSK PLC SPONSORED ADR 37733W105 1,362 31,293 SH   SOLE   13,093 0 18,200
GOLDMAN SACHS GROUP INC COM 38141G104 1,281 4,313 SH   SOLE   1,813 0 2,500
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114 2,876 47,048 SH   SOLE   47,048 0 0
GULFPORT ENERGY CORP COMMON SHARES 402635502 2,171 27,308 SH   SOLE   27,308 0 0
HP INC COM 40434L105 440 13,423 SH   SOLE   13,423 0 0
HALLIBURTON CO COM 406216101 1,505 48,000 SH   SOLE   48,000 0 0
HANGER INC COM NEW 41043F208 2,951 206,090 SH   SOLE   206,090 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 221 16,646 SH   SOLE   16,646 0 0
HOME DEPOT INC COM 437076102 1,733 6,317 SH   SOLE   6,317 0 0
INNOSPEC INC COM 45768S105 11,235 117,288 SH   SOLE   99,160 0 18,128
JPMORGAN CHASE & CO COM 46625H100 4,356 38,679 SH   SOLE   26,874 0 11,805
JAKKS PAC INC COM NEW 47012E403 3,230 255,152 SH   SOLE   255,152 0 0
JEFFERIES FINL GROUP INC COM 47233W109 389 14,100 SH   SOLE   10,000 0 4,100
KBR INC COM 48242W106 29,536 610,374 SH   SOLE   537,652 0 72,722
LAMB WESTON HLDGS INC COM 513272104 369 5,166 SH   SOLE   5,166 0 0
LENNAR CORP CL B 526057302 335 5,698 SH   SOLE   5,698 0 0
LILLY ELI & CO COM 532457108 8,928 27,537 SH   SOLE   24,437 0 3,100
LIONS GATE ENTMNT CORP CL B NON VTG 535919500 5,875 665,344 SH   SOLE   535,944 0 129,400
MASTERCARD INCORPORATED CL A 57636Q104 3,761 11,923 SH   SOLE   6,423 0 5,500
MERCER INTL INC COM 588056101 10,308 783,860 SH   SOLE   664,326 0 119,534
MERCK & CO INC COM 58933Y105 3,136 34,393 SH   SOLE   25,593 0 8,800
MICROSOFT CORP COM 594918104 16,192 63,046 SH   SOLE   43,346 0 19,700
MILLER INDS INC TENN COM NEW 600551204 3,367 148,534 SH   SOLE   148,534 0 0
NATIONAL FUEL GAS CO COM 636180101 8,501 128,700 SH   SOLE   102,800 0 25,900
NEXTERA ENERGY INC COM 65339F101 62 800 SH   SOLE   800 0 0
NORTHRIM BANCORP INC COM 666762109 695 17,264 SH   SOLE   17,264 0 0
NORTHROP GRUMMAN CORP COM 666807102 4,644 9,704 SH   SOLE   9,504 0 200
OCEANEERING INTL INC COM 675232102 1,103 103,296 SH   SOLE   103,296 0 0
OFFICE PPTYS INCOME TR COM SHS BEN INT 67623C109 203 10,198 SH   SOLE   10,198 0 0
ORACLE CORP COM 68389X105 67 957 SH   SOLE   957 0 0
PFIZER INC COM 717081103 3,724 71,028 SH   SOLE   37,028 0 34,000
PHILIP MORRIS INTL INC COM 718172109 3,185 32,259 SH   SOLE   13,859 0 18,400
PORTLAND GEN ELEC CO COM NEW 736508847 2,022 41,846 SH   SOLE   41,846 0 0
PRUDENTIAL FINL INC COM 744320102 258 2,700 SH   SOLE   2,700 0 0
RANGER ENERGY SVCS INC COM CL A 75282U104 520 51,247 SH   SOLE   51,247 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 2,453 130,836 SH   SOLE   93,036 0 37,800
RENT A CTR INC NEW COM 76009N100 10,037 516,039 SH   SOLE   410,580 0 105,459
SHELL PLC SPON ADS 780259305 19,750 377,695 SH   SOLE   317,095 0 60,600
RYANAIR HOLDINGS PLC SPONSORED ADS 783513203 4 58 SH   SOLE   58 0 0
SK TELECOM LTD SPONSORED ADR 78440P306 5 208 SH   SOLE   208 0 0
SCIENCE APPLICATIONS INTL CO COM 808625107 3,655 39,260 SH   SOLE   34,405 0 4,855
SELECT MED HLDGS CORP COM 81619Q105 2,506 106,084 SH   SOLE   86,584 0 19,500
SOUTHSTATE CORPORATION COM 840441109 1,549 20,082 SH   SOLE   20,082 0 0
SYSTEM1 INC CL A COM 87200P109 316 45,313 SH   SOLE   45,313 0 0
TAYLOR MORRISON HOME CORP COM 87724P106 770 32,941 SH   SOLE   32,941 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 1,304 24,801 SH   SOLE   24,801 0 0
TETRA TECHNOLOGIES INC DEL COM 88162F105 7,487 1,844,019 SH   SOLE   1,844,019 0 0
TILLYS INC CL A 886885102 665 94,775 SH   SOLE   94,775 0 0
TOTALENERGIES SE SPONSORED ADS 89151E109 3 52 SH   SOLE   52 0 0
TRUIST FINL CORP COM 89832Q109 3,154 66,490 SH   SOLE   46,738 0 19,752
TYSON FOODS INC CL A 902494103 2,093 24,321 SH   SOLE   20,821 0 3,500
UNITED RENTALS INC COM 911363109 417 1,718 SH   SOLE   718 0 1,000
VERISIGN INC COM 92343E102 1,610 9,624 SH   SOLE   6,124 0 3,500
PARAMOUNT GLOBAL CLASS B COM 92556H206 574 23,264 SH   SOLE   14,264 0 9,000
VISA INC COM CL A 92826C839 433 2,200 SH   SOLE   100 0 2,100
VIRTUS INVT PARTNERS INC COM 92828Q109 3,877 22,670 SH   SOLE   22,670 0 0
VMWARE INC CL A COM 928563402 285 2,500 SH   SOLE   0 0 2,500
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 5 324 SH   SOLE   324 0 0
VOYA FINANCIAL INC COM 929089100 76 1,269 SH   SOLE   1,269 0 0
W & T OFFSHORE INC COM 92922P106 6,455 1,494,130 SH   SOLE   1,494,130 0 0
WALMART INC COM 931142103 639 5,255 SH   SOLE   2,855 0 2,400
XPERI HOLDING CORP COM 98390M103 383 26,573 SH   SOLE   26,573 0 0
XEROX HOLDINGS CORP COM NEW 98421M106 982 66,095 SH   SOLE   48,695 0 17,400