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
Expires: July 31, 2015
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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Air Products and Chemicals, Inc. COM 009158106 5,306,558 18,100 SH SOLE 18,100 0 0
Albemarle Corporation COM 012653101 972,216 7,200 SH SOLE 7,200 0 0
Amcor plc COM G0250X149 1,512,048 34,880 SH SOLE 34,880 0 0
APA Corporation COM 03743Q108 1,823,920 56,000 SH SOLE 56,000 0 0
Avery Dennison Corporation COM 053611109 876,690 5,400 SH SOLE 5,400 0 0
Baker Hughes Company COM 05722G100 12,420,900 223,800 SH SOLE 223,800 0 0
Ball Corporation COM 058498106 1,017,120 16,300 SH SOLE 16,300 0 0
Cameco Corporation COM 13321L108 1,833,480 18,000 SH SOLE 18,000 0 0
CF Industries Holdings, Inc. COM 125269100 4,619,346 42,669 SH SOLE 42,669 0 0
Chevron Corporation COM 166764100 97,238,794 586,624 SH SOLE 586,624 0 0
Chord Energy Corporation COM 674215207 25,718 225 SH SOLE 225 0 0
ConocoPhillips COM 20825C104 46,189,740 444,303 SH SOLE 444,303 0 0
Corteva Inc. COM 22052L104 4,907,362 57,945 SH SOLE 57,945 0 0
CRH public limited company COM G25508105 6,141,800 57,400 SH SOLE 57,400 0 0
Devon Energy Corporation COM 25179M103 10,815,923 261,760 SH SOLE 261,760 0 0
Diamondback Energy, Inc. COM 25278X109 14,730,364 83,800 SH SOLE 83,800 0 0
Dow, Inc. COM 260557103 1,448,575 52,945 SH SOLE 52,945 0 0
DuPont de Nemours, Inc. COM 26614N201 4,291,921 31,642 SH SOLE 31,642 0 0
Ecolab Inc. COM 278865100 8,748,354 31,400 SH SOLE 31,400 0 0
EOG Resources, Inc. COM 26875P101 18,170,892 140,067 SH SOLE 140,067 0 0
Eos Energy Enterprises, Inc. COM 29415C101 368,088 62,600 SH SOLE 62,600 0 0
EQT Corporation COM 26884L109 8,135,010 153,000 SH SOLE 153,000 0 0
Expand Energy Corporation COM 165167735 8,070,315 88,500 SH SOLE 88,500 0 0
Exxon Mobil Corporation COM 30233Q108 184,073,656 1,346,355 SH SOLE 1,346,355 0 0
Freeport-McMoRan, Inc. COM 35671D857 14,665,948 233,200 SH SOLE 233,200 0 0
Halliburton Company COM 406216101 11,986,149 353,053 SH SOLE 353,053 0 0
International Flavors & Fragrances Inc. COM 459506101 5,268,605 66,506 SH SOLE 66,506 0 0
International Paper Company COM 460146103 1,558,290 40,900 SH SOLE 40,900 0 0
Kinder Morgan, Inc. COM 49456B101 13,727,662 429,392 SH SOLE 429,392 0 0
Linde plc COM G54950103 27,867,078 53,700 SH SOLE 53,700 0 0
LyondellBasell Industries N.V. COM N53745100 821,340 15,600 SH SOLE 15,600 0 0
Marathon Petroleum Corporation COM 56585A102 20,431,101 79,912 SH SOLE 79,912 0 0
Martin Marietta Materials, Inc. COM 573284106 2,595,150 4,500 SH SOLE 4,500 0 0
Mosaic Company COM 61945C103 449,249 21,201 SH SOLE 21,201 0 0
Newmont Corporation COM 651639106 11,217,340 120,100 SH SOLE 120,100 0 0
Nucor Corporation COM 670346105 9,600,525 43,100 SH SOLE 43,100 0 0
Occidental Petroleum Corporation COM 674599105 14,889,182 306,551 SH SOLE 306,551 0 0
ONEOK, Inc. COM 682680103 12,215,070 140,500 SH SOLE 140,500 0 0
Packaging Corporation of America COM 695156109 1,262,884 5,300 SH SOLE 5,300 0 0
Phillips 66 COM 718546104 23,916,349 141,475 SH SOLE 141,475 0 0
PPG Industries, Inc. COM 693506107 2,195,349 18,100 SH SOLE 18,100 0 0
Sherwin-Williams Company COM 824348106 11,603,584 33,700 SH SOLE 33,700 0 0
SLB Ltd. COM 806857108 25,459,458 547,633 SH SOLE 547,633 0 0
Smurfit Westrock plc COM G8267P108 1,910,538 41,300 SH SOLE 41,300 0 0
Steel Dynamics, Inc. COM 858119100 2,530,026 11,026 SH SOLE 11,026 0 0
Targa Resources Corp. COM 87612G101 24,561,624 91,600 SH SOLE 91,600 0 0
TechnipFMC plc COM G87110105 3,222,180 48,600 SH SOLE 48,600 0 0
Texas Pacific Land Corporation COM 88262P102 5,842,494 13,350 SH SOLE 13,350 0 0
Valero Energy Corporation COM 91913Y100 29,612,028 113,700 SH SOLE 113,700 0 0
Vulcan Materials Company COM 929160109 8,171,777 27,700 SH SOLE 27,700 0 0
Williams Companies, Inc. COM 969457100 31,613,085 425,250 SH SOLE 425,250 0 0