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
GOLAR LNG LTD SHS G9456A100 27,208 1,091,798 SH   SOLE   969,735 0 122,063
TE CONNECTIVITY LTD SHS H84989104 404 3,657 SH   SOLE   3,657 0 0
NXP SEMICONDUCTORS N V COM N6596X109 4 28 SH   SOLE   28 0 0
TEEKAY CORPORATION COM Y8564W103 10 2,745 SH   SOLE   2,745 0 0
AT&T INC COM 00206R102 4,315 281,296 SH   SOLE   128,392 0 152,904
ABBVIE INC COM 00287Y109 54 400 SH   SOLE   400 0 0
AMERICAN ELEC PWR CO INC COM 025537101 26 300 SH   SOLE   300 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 5 89 SH   SOLE   89 0 0
BP PLC SPONSORED ADR 055622104 18,641 652,914 SH   SOLE   561,114 0 91,800
BK OF AMERICA CORP COM 060505104 4,371 144,749 SH   SOLE   81,449 0 63,300
BLOCK H & R INC COM 093671105 860 20,213 SH   SOLE   20,213 0 0
C & F FINL CORP COM 12466Q104 1,277 23,869 SH   SOLE   23,869 0 0
CNO FINL GROUP INC COM 12621E103 7,024 390,873 SH   SOLE   326,238 0 64,635
CSI COMPRESSCO LP COM UNIT 12637A103 1,186 1,022,187 SH   SOLE   1,022,187 0 0
CAPSTAR FINL HLDGS INC COM 14070T102 1,154 62,286 SH   SOLE   62,286 0 0
CARRIER GLOBAL CORPORATION COM 14448C104 1,263 35,521 SH   SOLE   15,621 0 19,900
CARTER BANKSHARES INC COM NEW 146103106 6,250 388,170 SH   SOLE   388,170 0 0
CHESAPEAKE ENERGY CORP COM 165167735 9,905 105,140 SH   SOLE   91,340 0 13,800
CHEVRON CORP NEW COM 166764100 5,661 39,400 SH   SOLE   39,400 0 0
CITIGROUP INC COM NEW 172967424 4,635 111,228 SH   SOLE   48,728 0 62,500
COMTECH TELECOMMUNICATIONS C COM NEW 205826209 1,968 196,573 SH   SOLE   196,573 0 0
CONAGRA BRANDS INC COM 205887102 295 9,055 SH   SOLE   9,055 0 0
CONMED CORP COM 207410101 843 10,520 SH   SOLE   10,520 0 0
CONOCOPHILLIPS COM 20825C104 3,387 33,100 SH   SOLE   33,100 0 0
CONSTELLATION ENERGY CORP COM 21037T109 625 7,510 SH   SOLE   7,510 0 0
DEVON ENERGY CORP NEW COM 25179M103 4,901 81,500 SH   SOLE   72,400 0 9,100
ENOVA INTL INC COM 29357K103 4,681 159,936 SH   SOLE   124,036 0 35,900
ENTERGY CORP NEW COM 29364G103 136 1,350 SH   SOLE   1,350 0 0
EVERGY INC COM 30034W106 104 1,758 SH   SOLE   1,758 0 0
EXELON CORP COM 30161N101 286 7,636 SH   SOLE   7,636 0 0
EXXON MOBIL CORP COM 30231G102 2,576 29,500 SH   SOLE   29,500 0 0
FEDEX CORP COM 31428X106 4,519 30,437 SH   SOLE   18,137 0 12,300
F5 INC COM 315616102 43 300 SH   SOLE   300 0 0
FIRST BANCORP N C COM 318910106 1,122 30,669 SH   SOLE   30,669 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103 7,429 9,316 SH   SOLE   8,916 0 400
FIRST HORIZON CORPORATION COM 320517105 19,118 834,863 SH   SOLE   636,678 0 198,185
FIRST UTD CORP COM 33741H107 378 22,824 SH   SOLE   22,824 0 0
GSK PLC SPONSORED ADR 37733W204 738 25,073 SH   SOLE   10,513 0 14,560
GOLDMAN SACHS GROUP INC COM 38141G104 674 2,300 SH   SOLE   800 0 1,500
GOODYEAR TIRE & RUBR CO COM 382550101 2,269 224,908 SH   SOLE   188,908 0 36,000
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114 2,189 45,087 SH   SOLE   45,087 0 0
GULFPORT ENERGY CORP COMMON SHARES 402635502 4,455 50,461 SH   SOLE   50,461 0 0
HALLIBURTON CO COM 406216101 1,037 42,100 SH   SOLE   42,100 0 0
HANGER INC COM NEW 41043F208 3,858 206,090 SH   SOLE   206,090 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 197 16,471 SH   SOLE   16,471 0 0
HOME DEPOT INC COM 437076102 1,744 6,322 SH   SOLE   6,322 0 0
INNOSPEC INC COM 45768S105 10,711 125,026 SH   SOLE   111,955 0 13,071
JPMORGAN CHASE & CO COM 46625H100 3,959 37,883 SH   SOLE   26,078 0 11,805
JAKKS PAC INC COM NEW 47012E403 3,088 159,768 SH   SOLE   159,768 0 0
JEFFERIES FINL GROUP INC COM 47233W109 416 14,100 SH   SOLE   10,000 0 4,100
KBR INC COM 48242W106 25,702 594,685 SH   SOLE   523,452 0 71,233
LAMB WESTON HLDGS INC COM 513272104 322 4,166 SH   SOLE   4,166 0 0
LENNAR CORP CL B 526057302 339 5,693 SH   SOLE   5,693 0 0
LILLY ELI & CO COM 532457108 8,904 27,537 SH   SOLE   24,437 0 3,100
LIONS GATE ENTMNT CORP CL B NON VTG 535919500 7,264 1,045,250 SH   SOLE   884,767 0 160,483
MASTERCARD INCORPORATED CL A 57636Q104 3,390 11,923 SH   SOLE   6,423 0 5,500
MERCER INTL INC COM 588056101 10,938 889,299 SH   SOLE   742,465 0 146,834
MERCK & CO INC COM 58933Y105 2,960 34,370 SH   SOLE   25,570 0 8,800
MICROSOFT CORP COM 594918104 14,683 63,046 SH   SOLE   43,346 0 19,700
MILLER INDS INC TENN COM NEW 600551204 3,290 154,534 SH   SOLE   154,534 0 0
NATIONAL FUEL GAS CO COM 636180101 8,358 135,800 SH   SOLE   109,900 0 25,900
NEW FORTRESS ENERGY INC COM CL A 644393100 3,060 70,003 SH   SOLE   57,703 0 12,300
NEXTERA ENERGY INC COM 65339F101 63 800 SH   SOLE   800 0 0
NORTHRIM BANCORP INC COM 666762109 985 23,691 SH   SOLE   23,691 0 0
NORTHROP GRUMMAN CORP COM 666807102 4,564 9,704 SH   SOLE   9,504 0 200
OFFICE PPTYS INCOME TR COM SHS BEN INT 67623C109 479 34,059 SH   SOLE   34,059 0 0
ORACLE CORP COM 68389X105 55 900 SH   SOLE   900 0 0
PFIZER INC COM 717081103 3,108 71,028 SH   SOLE   37,028 0 34,000
PHILIP MORRIS INTL INC COM 718172109 2,678 32,259 SH   SOLE   13,859 0 18,400
PORTLAND GEN ELEC CO COM NEW 736508847 936 21,546 SH   SOLE   21,546 0 0
POTLATCHDELTIC CORPORATION COM 737630103 189 4,600 SH   SOLE   4,600 0 0
PRUDENTIAL FINL INC COM 744320102 232 2,700 SH   SOLE   2,700 0 0
RANGER ENERGY SVCS INC COM CL A 75282U104 347 35,517 SH   SOLE   35,517 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 3,689 183,819 SH   SOLE   146,019 0 37,800
RENT A CTR INC NEW COM 76009N100 8,878 507,035 SH   SOLE   404,276 0 102,759
SHELL PLC SPON ADS 780259305 18,963 381,095 SH   SOLE   322,695 0 58,400
RYANAIR HOLDINGS PLC SPONSORED ADS 783513203 3 58 SH   SOLE   58 0 0
SK TELECOM LTD SPONSORED ADR 78440P306 4 208 SH   SOLE   208 0 0
SANOFI SPONSORED ADR 80105N105 7 173 SH   SOLE   173 0 0
SCIENCE APPLICATIONS INTL CO COM 808625107 3,507 39,660 SH   SOLE   34,805 0 4,855
SELECT MED HLDGS CORP COM 81619Q105 2,202 99,619 SH   SOLE   81,719 0 17,900
SOUTHSTATE CORPORATION COM 840441109 1,589 20,082 SH   SOLE   20,082 0 0
SYSTEM1 INC CL A COM 87200P109 1,060 168,565 SH   SOLE   168,565 0 0
TAYLOR MORRISON HOME CORP COM 87724P106 438 18,792 SH   SOLE   18,792 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 867 16,801 SH   SOLE   16,801 0 0
TETRA TECHNOLOGIES INC DEL COM 88162F105 6,728 1,874,044 SH   SOLE   1,874,044 0 0
TILLYS INC CL A 886885102 656 94,775 SH   SOLE   94,775 0 0
TOTALENERGIES SE SPONSORED ADS 89151E109 2 52 SH   SOLE   52 0 0
TRUIST FINL CORP COM 89832Q109 1,890 43,417 SH   SOLE   23,665 0 19,752
TYSON FOODS INC CL A 902494103 1,603 24,321 SH   SOLE   20,821 0 3,500
UNITED RENTALS INC COM 911363109 464 1,718 SH   SOLE   718 0 1,000
VERISIGN INC COM 92343E102 1,672 9,624 SH   SOLE   6,124 0 3,500
PARAMOUNT GLOBAL CLASS B COM 92556H206 298 15,628 SH   SOLE   6,628 0 9,000
VISA INC COM CL A 92826C839 391 2,200 SH   SOLE   100 0 2,100
VIRTUS INVT PARTNERS INC COM 92828Q109 4,222 26,470 SH   SOLE   26,470 0 0
VMWARE INC CL A COM 928563402 266 2,500 SH   SOLE   0 0 2,500
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 4 324 SH   SOLE   324 0 0
VOYA FINANCIAL INC COM 929089100 77 1,269 SH   SOLE   1,269 0 0
W & T OFFSHORE INC COM 92922P106 7,825 1,335,279 SH   SOLE   1,335,279 0 0
WALMART INC COM 931142103 202 1,555 SH   SOLE   1,555 0 0
XPERI HOLDING CORP COM 98390M103 2,940 207,896 SH   SOLE   207,896 0 0
XEROX HOLDINGS CORP COM NEW 98421M106 1,417 108,324 SH   SOLE   88,924 0 19,400