Dril-Quip, Inc. (DRQ) Stock Split History

Dril-Quip, Inc. has split its stock once since its initial public offering (IPO). The stock split of Dril-Quip, Inc. occurred on October 06, 2006 on a 2-for-1 basis, meaning that for 1 share of DRQ owned pre-split, shareholders then owned 2 shares.

This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Dril-Quip, Inc.'s total market capitalization.

DRQ stock split list

Date	Split Ratio
2006-10-06	2 - for - 1

Will Dril-Quip, Inc. Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Dril-Quip, Inc. has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when DRQ stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Dril-Quip, Inc.'s board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol	Latest Split Date	Split Ratio
SLB	2006-04-10	2 - for - 1
HAL	2006-07-17	2 - for - 1
TS	2006-04-27	5 - for - 1
FTI	2017-01-17	2 - for - 1
NOV	2007-10-01	2 - for - 1
TDW	2017-08-01	31 - for - 1000
OII	2011-06-13	2 - for - 1
XPRO	2021-10-04	6 - for - 1