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
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALBEMARLE CORP COM 012653101   1,127,987 6,283 SH   SOLE   6,283 0 0
ALCOA CORP COM 013872106   1,003,573 15,130 SH   SOLE   15,130 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203   676,114 15,403 SH   SOLE   15,403 0 0
ARCHER DANIELS MIDLAND CO COM 039483102   537,615 7,396 SH   SOLE   7,396 0 0
BARRICK MNG CORP COM SHS 06849F108   11,366,302 234,761 SH   SOLE   234,761 0 0
BHP BILLITON LIMITED SPONSORED ADS 088606108   1,983,692 27,271 SH   SOLE   27,271 0 0
CAMECO CORP COM 13321L108   733,878 6,757 SH   SOLE   6,757 0 0
CANADIAN NAT RES LTD MED TER COM 136385101   2,886,863 59,242 SH   SOLE   59,242 0 0
CENOVUS ENERGY INC COM 15135U109   159,604,544 5,799,641 SH   SOLE   5,799,641 0 0
CF INDUSTRIES HOLD COM 125269100   1,059,884 8,163 SH   SOLE   8,163 0 0
CHENIERE ENERGY INC COM NEW 16411R208   85,149,000 300,074 SH   SOLE   300,074 0 0
CHEVRON CORPORATION COM 166764100   8,930,424 43,163 SH   SOLE   43,163 0 0
CONOCOPHILLIPS COM 20825C104   4,484,304 33,972 SH   SOLE   33,972 0 0
CONSTELLATION ENERGY CORP COM 21037T109   366,097 1,311 SH   SOLE   1,311 0 0
CRH PLC ORD G25508105   988,339 9,402 SH   SOLE   9,402 0 0
CROWN HLDGS INC COM 228368106   942,951 9,406 SH   SOLE   9,406 0 0
DARLING INGREDIENTS INC COM 237266101   1,686,340 27,265 SH   SOLE   27,265 0 0
DIAMONDBACK ENERGY INC COM 25278X109   2,325,219 11,756 SH   SOLE   11,756 0 0
DOW HLDGS INC COM 260557103   13,961,441 335,209 SH   SOLE   335,209 0 0
DT MIDSTREAM INC COMMON STOCK 23345M107   47,828,857 355,156 SH   SOLE   355,156 0 0
EASTMAN CHEM CO COM 277432100   6,650,219 87,136 SH   SOLE   87,136 0 0
ENBRIDGE INC COM 29250N105   25,207,970 465,619 SH   SOLE   465,619 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100   107,353,955 5,562,381 SH   SOLE   5,562,381 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107   63,400,275 1,675,483 SH   SOLE   1,675,483 0 0
EOG RES INC COM 26875P101   670,371 4,637 SH   SOLE   4,637 0 0
EXPAND ENERGY CORPORATION COM 165167735   1,063,658 9,689 SH   SOLE   9,689 0 0
EXXON MOBIL CORP COM 30231G102   9,891,178 58,300 SH   SOLE   58,300 0 0
FREEPORT MCMORAN INC CL B 35671D857   3,086,950 52,517 SH   SOLE   52,517 0 0
HALLIBURTON CO COM 406216101   2,871,536 73,648 SH   SOLE   73,648 0 0
HUNTSMAN CORP COM 447011107   7,133,022 535,914 SH   SOLE   535,914 0 0
INTERNATIONAL PAPER CO COM 460146103   1,009,096 28,266 SH   SOLE   28,266 0 0
KINDER MORGAN INC DEL COM 49456B101   81,492,788 2,430,444 SH   SOLE   2,430,444 0 0
KINETIK HOLDINGS INC COM NEW CL A 02215L209   566,397 11,700 SH   SOLE   11,700 0 0
LYONDELLBASELL INDUSTRIES NV SHS - A - N53745100   10,109,313 125,488 SH   SOLE   125,488 0 0
MARATHON PETE CORP COM 56585A102   44,186,324 180,958 SH   SOLE   180,958 0 0
MARTIN MARIETTA MATLS INC COM 573284106   593,389 1,008 SH   SOLE   1,008 0 0
MATADOR RES CO COM 576485205   4,864,608 76,996 SH   SOLE   76,996 0 0
MOSAIC CO COM 61945C103   1,388,399 54,447 SH   SOLE   54,447 0 0
MURPHY USA INC COM 626755102   71,986,295 146,119 SH   SOLE   146,119 0 0
NEWMONT CORP COM 651639106   10,526,772 97,245 SH   SOLE   97,245 0 0
NUCOR CORP COM 670346105   2,809,597 16,615 SH   SOLE   16,615 0 0
NUTRIEN LTD COM 67077M108   5,493,832 52,360 SH   SOLE   52,360 0 0
ONEOK INC NEW COM 682680103   104,493,913 1,156,034 SH   SOLE   1,156,034 0 0
PBF ENERGY INC CL A 69318G106   47,758,812 1,002,915 SH   SOLE   1,002,915 0 0
PEMBINA PIPELINE CORP COM 706327103   67,187,076 1,494,250 SH   SOLE   1,494,250 0 0
PHILLIPS 66 COM 718546104   75,434,180 414,064 SH   SOLE   414,064 0 0
PLAINS GP HLDGS L P LTD PARTNR INT A 72651A207   51,369,177 2,124,947 SH   SOLE   2,124,947 0 0
POSCO HOLDINGS INC SPONSORED ADR 693483109   1,459,911 24,960 SH   SOLE   24,960 0 0
RIO TINTO PLC SPONSORED ADR 767204100   2,541,873 27,247 SH   SOLE   27,247 0 0
SHELL PLC SPON ADS 780259305   2,013,692 56,141 SH   SOLE   56,141 0 0
SMURFIT WESTROCK PLC SHS G8267P108   1,039,886 26,095 SH   SOLE   26,095 0 0
SOUTH BOW CORP COM 83671M105   38,681,979 1,161,016 SH   SOLE   1,161,016 0 0
SUNCOR ENERGY INC NEW COM 867224107   101,939,086 1,515,161 SH   SOLE   1,515,161 0 0
SUNOCO LP/SUNOCO FIN CORP COM UT REP LP 86765K109   66,781,167 1,027,877 SH   SOLE   1,027,877 0 0
SUNOCOCORP LLC COM SHS LLC 86765Q106   948,177 15,380 SH   SOLE   15,380 0 0
TARGA RES CORP COM 87612G101   118,294,664 471,801 SH   SOLE   471,801 0 0
TC ENERGY CORP COM 87807B107   904,883 14,455 SH   SOLE   14,455 0 0
TECK RESOURCES LTD CL B 878742204   2,614,566 40,394 SH   SOLE   40,394 0 0
TOTALENERGIES SE ACT F92124100   1,280,320 15,824 SH   SOLE   15,824 0 0
VALE S A SPONSORED ADS 91912E105   3,120,428 196,130 SH   SOLE   196,130 0 0
VALERO ENERGY CORP COM 91913Y100   556,177 2,251 SH   SOLE   2,251 0 0
VIPER ENERGY INC CL A 64361Q101   46,488,054 989,318 SH   SOLE   989,318 0 0
VISTRA CORP COM 92840M102   424,231 2,822 SH   SOLE   2,822 0 0
WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT 958669103   46,717,987 1,134,758 SH   SOLE   1,134,758 0 0
WESTLAKE CORPORATION COM 960413102   13,176,127 112,790 SH   SOLE   112,790 0 0
WEYERHAEUSER CO COM NEW 962166104   614,268 25,144 SH   SOLE   25,144 0 0
WILLIAMS COS INC COM 969457100   55,521,462 762,867 SH   SOLE   762,867 0 0