Terril Brothers 13F-HR Quarterly holdings report by institutional manager

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:	Oct 31, 2018
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
ABERDEEN ASIA PACIFIC INCOM	COM	003009107	11,717	2,936,498	SH		SOLE		2,936,498	0	0
ABERDEEN GLOBAL INCOME FD IN	COM	003013109	226	33,000	SH		SOLE		33,000	0	0
ALLY FINL INC	COM	02005N100	5,928	236,441	SH		SOLE		236,441	0	0
ALPHABET INC	CAP STK CL C	02079K107	460	313	SH		SOLE		313	0	0
AMEREN CORP	COM	023608102	853	10,785	SH		SOLE		10,785	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	8,097	658,863	SH		SOLE		658,863	0	0
AON PLC	SHS CL A	G0408V102	371	1,800	SH		SOLE		1,800	0	0
APPLE INC	COM	037833100	17,796	153,668	SH		SOLE		153,668	0	0
AT&T INC	COM	00206R102	1,406	49,300	SH		SOLE		49,300	0	0
BANK AMER CORP	COM	060505104	662	27,500	SH		SOLE		27,500	0	0
BANK AMER CORP	7.25%CNV PFD L	060505682	1,552	1,043	SH		SOLE		1,043	0	0
BAUSCH HEALTH COS INC	COM	071734107	11,986	771,312	SH		SOLE		771,312	0	0
BLUENIGHT ENERGY PARTNERS L	COM UNIT	09625U109	61	39,900	SH		SOLE		39,900	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	26,605	441,292	SH		SOLE		441,292	0	0
CITIGROUP INC	COM NEW	172967424	16,254	377,036	SH		SOLE		377,036	0	0
CLEARBRIDGE MLP AND MIDSTRM	COM	184692200	1,914	173,185	SH		SOLE		173,185	0	0
CLEARBRIDGE ENERGY MIDSTRM O	COM	18469P209	1,395	159,019	SH		SOLE		159,019	0	0
CLEVELAND CLIFFS INC	COM	185899101	64	10,000	SH		SOLE		10,000	0	0
COCA COLA CO	COM	191216100	873	17,675	SH		SOLE		17,675	0	0
COHERENT INC	COM	192479103	17,949	161,801	SH		SOLE		161,801	0	0
CORTEVA INC	COM	22052L104	207	7,200	SH		SOLE		7,200	0	0
DISNEY WALT CO	COM DISNEY	254687106	287	2,317	SH		SOLE		2,317	0	0
DELTA AIR LINES INC DEL	COM NEW	247361702	10,212	333,959	SH		SOLE		333,959	0	0
DOW INC	COM	260557103	498	10,576	SH		SOLE		10,576	0	0
DUPONT DE NEMOURS INC	COM	26614N102	413	7,448	SH		SOLE		7,448	0	0
ENERGY TRANSFER LP	COM UT LTD PTN	29273V100	512	94,500	SH		SOLE		94,500	0	0
EXXON MOBIL CORP	COM	30231G102	386	11,255	SH		SOLE		11,255	0	0
FIRST FINL BANKSHARES	COM	32020R109	449	16,100	SH		SOLE		16,100	0	0
GENERAL MILLS INC	COM	370334104	209	3,385	SH		SOLE		3,385	0	0
GOLDMAN SACHS MLP ENERGY REN	COM	38148G206	846	141,456	SH		SOLE		141,456	0	0
INTEL CORP	COM	458140100	1,165	22,500	SH		SOLE		22,500	0	0
INTL PAPER CO	COM	460146103	11,375	280,585	SH		SOLE		280,585	0	0
ISHARES TR	1-3 YR CR BD ETF	464288646	275	5,000	SH		SOLE		5,000	0	0
ISHARES TR	CORE S&P MCP ETF	464287507	380	2,052	SH		SOLE		2,052	0	0
JP MORGAN CHASE & CO	COM	46625H100	3,418	35,501	SH		SOLE		35,501	0	0
JP MORGAN EXCHANGE TRADED FD	ULTRA SHRT INC	46641Q837	5,148	101,345	SH		SOLE		101,345	0	0
KAYNE ANDERSN MLP MIDS INVT	COM	486606106	458	114,675	SH		SOLE		114,675	0	0
KINDER MORGAN INC DEL	COM	49456B101	236	19,125	SH		SOLE		19,125	0	0
MARATHON PETE CORP	COM	56585A102	523	17,812	SH		SOLE		17,812	0	0
MCEWEN MNG INC	COM	58039P107	37	35,000	SH		SOLE		35,000	0	0
MERCK & CO INC	COM	58933Y105	16,949	204,328	SH		SOLE		204,328	0	0
NEWMONT GOLDCORP CORPORATION	COM	651639106	28,893	455,365	SH		SOLE		455,365	0	0
NUTRIEN LTD	COM	67077M108	12,875	328,193	SH		SOLE		328,193	0	0
PINTEREST INC	CL A	72352L106	2,538	61,150	SH		SOLE		61,150	0	0
PLAINS GP HLDGS LP	LTD PARTNR INT A	72651A207	6,888	1,131,063	SH		SOLE		1,131,063	0	0
PPG INDUSTRIES	COM	693506107	726	5,945	SH		SOLE		5,945	0	0
QUALCOMM INC	COM	747525103	18,926	160,822	SH		SOLE		160,822	0	0
SPDR BARCLAYS INVT GRADE	BLOOMBERG BRC INV	78468R200	8,160	266,839	SH		SOLE		266,839	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	491	2,770	SH		SOLE		2,770	0	0
STARBUCKS CORP	COM	855244109	3,076	35,795	SH		SOLE		35,795	0	0
TRUIST FINL CORP	COM	89832Q109	16,987	446,426	SH		SOLE		446,426	0	0
TWITTER INC	NOTE 1.000% 9/1	90184LAD4	3,621	3,630,000	SH		SOLE		3,630,000	0	0
US BANCORP DEL	COM NEW	902973304	348	9,695	SH		SOLE		9,695	0	0
VANECK VECTORS ETF TR	GOLD MINERS ETF	92189F106	7,566	193,195	SH		SOLE		193,195	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	26,261	441,434	SH		SOLE		441,434	0	0
WESTROCK CO	COM	96145D105	1,069	30,775	SH		SOLE		30,775	0	0
WESTERN MIDSTREAM PARTNERS L	COM UNIT LP INT	958669103	1,606	200,775	SH		SOLE		200,775	0	0
WOODWARD INC	COM	980745103	5,529	68,974	SH		SOLE		68,974	0	0