Dril-Quip designs, manufactures, sells and services drilling and production equipment primarily for use in deepwater, harsh environment and severe service applications. Co.'s principal products consist of subsea and surface wellheads, subsea and surface production trees, mudline hanger systems, specialty connectors and associated pipe, drilling and production riser systems, liner hangers, wellhead connectors, diverters and safety valves. Co. also provides technical advisory assistance on an as-requested basis during installation of its products, as well as rework and reconditioning services for customer-owned Co.'s products. We show 59 historical shares outstanding datapoints in our coverage of DRQ's shares outstanding history.
Understanding the changing numbers of DRQ shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like DRQ versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching DRQ by allowing them to research DRQ shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
