Texas Pacific (TPL) shares ended the last trading session 4.2% higher at $1,519.96. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 4.5% loss over the past four weeks.The latest uptick in the share price of Texas Pacific can be attributed to the recent oil price slide observed in the world market. With the company deriving a part of its revenue from perpetual non-participating oil and gas royalties, the ease in oil price came as a growth catalyst for TPL’s share performance.This landowner is expected to post quarterly earnings of $15.10 per share in its upcoming report, which represents a year-over-year change of +105.2%. Revenues are expected to be $171.75 million, up 79% from the year-ago quarter.While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.For Texas Pacific, the consensus EPS estimate for the quarter has been revised 2.4% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation. So, make sure to keep an eye on TPL going forward to see if this recent jump can turn into more strength down the road.The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Texas Pacific belongs to the Zacks Alternative Energy - Other industry. Another stock from the same industry, TC Energy (TRP), closed the last trading session 1.3% higher at $51.79. Over the past month, TRP has returned -10.4%.For TC Energy, the consensus EPS estimate for the upcoming report has changed -1% over the past month to $0.78. This represents a change of -10.3% from what the company reported a year ago. TC Energy currently has a Zacks Rank of #3 (Hold). Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Texas Pacific Land Corporation (TPL): Free Stock Analysis Report TC Energy Corporation (TRP): Free Stock Analysis Report To read this article on Zacks.com click here.