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
AT&T COM 001957AQ2 5,106 145,601 SH   SOLE 0 0 0 145,601
ALLIANCE RES PARTNERS LP COM 01877r108 5,480 65,130 SH   SOLE 0 0 0 65,130
AMERN EAGLE OUTFITRS NEW COM 02553e106 1,115 91,100 SH   SOLE 0 0 0 91,100
ANADARKO PETE CORP COM 032511107 1,175 13,865 SH   SOLE 0 0 0 13,865
APPLE INC COM 037833100 5,998 11,175 SH   SOLE 0 0 0 11,175
BARRICK GOLD CORP COM 067901108 1,742 97,724 SH   SOLE 0 0 0 97,724
BOARDWALK PIPELINE PARTNERSLP COM UNIT LTD COM 096627104 2,240 167,093 SH   SOLE 0 0 0 167,093
BRINKS CO COM 109696104 777 27,224 SH   SOLE 0 0 0 27,224
BUCKEYE PARTNERS L P UNITLTD PARTNERSHIP I COM 118230101 4,607 61,392 SH   SOLE 0 0 0 61,392
CALUMET SPECIALTY PROD COM 131476103 16,595 642,260 SH   SOLE 0 0 0 642,260
CHEVRON CORPORATION COM 166764100 9,389 78,960 SH   SOLE 0 0 0 78,960
CIRRUS LOGIC INC COM 172755100 826 41,617 SH   SOLE 0 0 0 41,617
CLIFFS NATURAL RES INC COM 18683k101 7,067 345,420 SH   SOLE 0 0 0 345,420
COEUR MINING INC COM 192108504 752 81,003 SH   SOLE 0 0 0 81,003
COMSTOCK RES INC COM 205768203 823 36,055 SH   SOLE 0 0 0 36,055
CONOCOPHILLIPS COM 20825c104 10,663 151,577 SH   SOLE 0 0 0 151,577
COOPER TIRE & RUBBER CO COM 216831107 1,494 61,503 SH   SOLE 0 0 0 61,503
DEVON ENERGY CORP NEW COM 25179m103 1,803 26,948 SH   SOLE 0 0 0 26,948
DIAMOND OFFSHR DRILLING COM 25271C102 720 14,776 SH   SOLE 0 0 0 14,776
DIREXION SHS NEW ETF DAILY S&P 500 BEAR 3X COM 25459y371 2,154 70,000 SH   SOLE 0 0 0 70,000
DORCHESTER MINERALS LP COM 25820r105 7,139 272,510 SH   SOLE 0 0 0 272,510
ENBRIDGE ENERGY PARTNERSLP COM 29250r106 3,478 126,902 SH   SOLE 0 0 0 126,902
ENERGY TRANSFER PARTNERS UNITS REP L P INT COM 29273R109 4,398 81,780 SH   SOLE 0 0 0 81,780
ENTERGY CORP NEW COM 29364g103 5,977 89,417 SH   SOLE 0 0 0 89,417
ENTERPRISE PRODUCTS PPTNSLP COM 293792107 3,747 54,030 SH   SOLE 0 0 0 54,030
EXELON CORPORATION COM 30161N101 4,489 133,776 SH   SOLE 0 0 0 133,776
EXPRESS INC COM 30219e103 798 50,270 SH   SOLE 0 0 0 50,270
EXXON MOBIL CORP COM 30231g102 2,251 23,045 SH   SOLE 0 0 0 23,045
EZCORP INC CL A NON VTG COM 302301106 1,565 145,120 SH   SOLE 0 0 0 145,120
FREEPORT MCMORAN COPPER COM 35671D857 6,037 182,555 SH   SOLE 0 0 0 182,555
HAWAIIAN HOLDINGS INC COM 419879101 1,210 86,690 SH   SOLE 0 0 0 86,690
HESS CORP COM COM 42809h107 1,807 21,806 SH   SOLE 0 0 0 21,806
HEWLETT-PACKARD COMPANY COM 428236103 7,229 223,400 SH   SOLE 0 0 0 223,400
HOLLYFRONTIER CORP COM 436106108 6,305 132,519 SH   SOLE 0 0 0 132,519
IAMGOLD CORPORATION F COM 450913108 1,272 361,387 SH   SOLE 0 0 0 361,387
INTEL CORP COM 458140100 6,846 265,240 SH   SOLE 0 0 0 265,240
INTERDIGITAL INC COM 46121y102 797 24,075 SH   SOLE 0 0 0 24,075
ISHARES MSCI EAFE ETF COM 464287465 1,168 17,381 SH   SOLE 0 0 0 17,381
ISHARES MSCI EMERGINGMARKETS ETF COM 464287234 1,317 32,128 SH   SOLE 0 0 0 32,128
ISHARES MSCI PACIFICEX JAPAN ETF COM 464286665 1,515 31,505 SH   SOLE 0 0 0 31,505
ISHARES US PREFERRED STOCKETF COM 464288687 1,236 31,674 SH   SOLE 0 0 0 31,674
JOY GLOBAL INC COM 481165108 7,478 128,932 SH   SOLE 0 0 0 128,932
KINDER MORGAN ENERGY PARTNERSL P COM 494550106 3,061 41,395 SH   SOLE 0 0 0 41,395
LEGACY RESVS LP COM 524707304 2,658 107,036 SH   SOLE 0 0 0 107,036
MAGELLAN MIDSTREAM PARTNERSLP COMUNIT REPS COM 559080106 4,504 64,585 SH   SOLE 0 0 0 64,585
MARATHON OIL CORP ISIN#US5658491064 SEDOL# COM 565849106 1,361 38,327 SH   SOLE 0 0 0 38,327
MARTIN MIDSTREAM PTNR LP COM 573331105 2,245 52,169 SH   SOLE 0 0 0 52,169
MICROSOFT CORP COM 594918104 3,382 82,060 SH   SOLE 0 0 0 82,060
MOSAIC CO NEW COM 61945c103 7,130 142,616 SH   SOLE 0 0 0 142,616
MURPHY OIL CORP COM 626717102 7,123 113,320 SH   SOLE 0 0 0 113,320
NATURAL RESOURCE PTNR LP COM 63900p103 1,320 82,925 SH   SOLE 0 0 0 82,925
NEWMONT MNG CORP HLDGCO COM 651639106 4,131 176,256 SH   SOLE 0 0 0 176,256
NUSTAR ENERGY LP COM 67058h102 7,742 140,901 SH   SOLE 0 0 0 140,901
OCCIDENTAL PETE CORP COM 674599105 297,932 3,126,587 SH   SOLE 0 0 0 3,126,587
OLIN CORP COM 680665205 6,584 238,482 SH   SOLE 0 0 0 238,482
ONEOK PARTNERS L P UNITLTD PARTNERSHIP COM 68268N103 1,167 21,802 SH   SOLE 0 0 0 21,802
PFIZER INCORPORATED COM 717081103 4,002 124,619 SH   SOLE 0 0 0 124,619
PLAINS ALL AMERICAN PIPELINELP COM 726503105 3,676 66,696 SH   SOLE 0 0 0 66,696
PLUM CREEK TIMBER COM 729251108 1,812 43,111 SH   SOLE 0 0 0 43,111
PUBLIC SERVICE ENTERPRISEGROUP INC COM 744573106 4,291 112,512 SH   SOLE 0 0 0 112,512
SECTOR SPDR TR SHS BENINT FINANCIAL COM 81369y605 3,478 155,702 SH   SOLE 0 0 0 155,702
SOUTHERN COPPER CORP COM 843611104 3,800 130,570 SH   SOLE 0 0 0 130,570
STONE ENERGY CORP COM 861642106 808 19,259 SH   SOLE 0 0 0 19,259
SUBURBAN PROPANE PARTNERSL P COM 864486AB1 575 13,852 SH   SOLE 0 0 0 13,852
SUN COMMUNITIES INC REIT COM 866674104 11,401 252,853 SH   SOLE 0 0 0 252,853
SUNCOR ENERGY COM NPV NEW ISIN#CA867224107 COM 867229106 576 16,500 SH   SOLE 0 0 0 16,500
SUNOCO LOGISTICS PARTNERSL P COM UNIT COM 86764l108 5,178 56,979 SH   SOLE 0 0 0 56,979
SUSSER PETROLEUM PTNR LP COM 869239103 1,097 31,219 SH   SOLE 0 0 0 31,219
SWIFT ENERGY COMPANY COM 870738101 784 72,945 SH   SOLE 0 0 0 72,945
TELEPHONE & DATA SYS NEW COM 879433829 822 31,370 SH   SOLE 0 0 0 31,370
UNIVERSAL CORP VA COM 913456109 3,548 63,495 SH   SOLE 0 0 0 63,495
VAALCO ENERGY INC NEW COM 91851C201 897 104,933 SH   SOLE 0 0 0 104,933
VALERO ENERGY CORP NEW COM 91913Y100 8,173 153,927 SH   SOLE 0 0 0 153,927
VANGUARD GNMA FUND ADMIRAL SHARE COM 922031794 219 20,765 SH   SOLE 0 0 0 20,765
VANGUARD GNMA INVESTORCL COM 922031307 531 50,336 SH   SOLE 0 0 0 50,336
VERIZON COMMUNICATIONS COM 92343V104 5,769 121,281 SH   SOLE 0 0 0 121,281
WASTE MANAGEMENT INC DEL COM 94106l109 1,061 25,241 SH   SOLE 0 0 0 25,241
WEYERHAEUSER CO COM COM 962166104 3,916 133,441 SH   SOLE 0 0 0 133,441
WILLIAMS PARTNERS LP COMUNIT LTD PARTNERSH COM 96950f104 941 18,474 SH   SOLE 0 0 0 18,474