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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
ABBVIE INC COM 00287Y109   6,871,942 32,799 SH   SOLE   32,799 0 0
AMAZON COM INC COM 023135106   5,652,815 29,711 SH   SOLE   29,711 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101   9,213,519 603,374 SH   SOLE   603,374 0 0
BUNGE GLOBAL SA COM SHS H11356104   3,404,435 44,549 SH   SOLE   44,549 0 0
CANADIAN PACIFIC KANSAS CITY COM 13646K108   2,793,551 39,789 SH   SOLE   39,789 0 0
CHUBB LIMITED COM H1467J104   5,557,673 18,404 SH   SOLE   18,404 0 0
DIAMONDBACK ENERGY INC COM 25278X109   5,585,248 34,934 SH   SOLE   34,934 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105   1,478,448 49,151 SH   SOLE   49,151 0 0
EASTMAN CHEM CO COM 277432100   1,969,259 22,350 SH   SOLE   22,350 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100   7,205,280 387,589 SH   SOLE   387,589 0 0
EXPAND ENERGY CORPORATION COM 165167735   8,064,466 72,444 SH   SOLE   72,444 0 0
EXXON MOBIL CORP COM 30231G102   7,023,693 59,057 SH   SOLE   59,057 0 0
FIRST INDL RLTY TR INC COM 32054K103   4,130,152 76,541 SH   SOLE   76,541 0 0
FRANCO NEV CORP COM 351858105   5,754,012 36,520 SH   SOLE   36,520 0 0
HERSHEY CO COM 427866108   2,971,530 17,374 SH   SOLE   17,374 0 0
HOWARD HUGHES HOLDINGS INC COM 44267T102   4,005,357 54,068 SH   SOLE   54,068 0 0
HUBBELL INC COM 443510607   2,904,397 8,777 SH   SOLE   8,777 0 0
J P MORGAN EXCHANGE TRADED F NASDAQ EQT PREM 46654Q203   2,328,236 44,964 SH   SOLE   44,964 0 0
J P MORGAN EXCHANGE TRADED F ULTRA SHRT ETF 46641Q837   5,341,692 105,504 SH   SOLE   105,504 0 0
JOHNSON & JOHNSON COM 478160104   4,876,483 29,405 SH   SOLE   29,405 0 0
JPMORGAN CHASE & CO. COM 46625H100   7,477,625 30,484 SH   SOLE   30,484 0 0
LOUISIANA PAC CORP COM 546347105   3,220,634 35,015 SH   SOLE   35,015 0 0
LOWES COS INC COM 548661107   3,237,628 13,882 SH   SOLE   13,882 0 0
MARTIN MARIETTA MATLS INC COM 573284106   2,888,622 6,042 SH   SOLE   6,042 0 0
MICROSOFT CORP COM 594918104   5,630,523 14,999 SH   SOLE   14,999 0 0
NORTHROP GRUMMAN CORP COM 666807102   3,712,329 7,251 SH   SOLE   7,251 0 0
OCCIDENTAL PETE CORP COM 674599105   5,662,086 114,710 SH   SOLE   114,710 0 0
PIMCO ETF TR ENHAN SHRT MA AC 72201R833   725,269 7,208 SH   SOLE   7,208 0 0
SPDR SER TR S&P OILGAS EXP 78468R556   455,980 3,462 SH   SOLE   3,462 0 0
SPROTT PHYSICAL GOLD TR UNIT 85207H104   20,289,726 843,297 SH   SOLE   843,297 0 0
TEXAS INSTRS INC COM 882508104   3,426,430 19,068 SH   SOLE   19,068 0 0
TEXAS PACIFIC LAND CORPORATI COM 88262P102   18,811,877 14,198 SH   SOLE   14,198 0 0
TJX COS INC NEW COM 872540109   5,224,246 42,892 SH   SOLE   42,892 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104   3,493,023 325,538 SH   SOLE   325,538 0 0