A beam splitter to create two separated parallel beams is a critical unit of a pencil beam interferometer, for example the long trace profiler (LTP). The operating principle of the beam splitter can be based upon eitehr amplitude-splitting (AS) or wavefront-splitting (WS). For precision measurements with the LTP, an equal optical path system with two parallel beams is desired. Frequency drift of the light source in a non-equal optical path system will cause the interference fringes to drift. An equal optical path prism beam splitter with an amplitude-splitting (AS-EBS) beam splitter and a phase shift beam splitter with a wavefront-splitting (WS-PSBS) are introduced. These beam splitters are well suited to the stability requirement for a pencil beam interferometer due to the characteristics of monolithic structure and equal optical path. Several techniques to produce WS-PSBS by hand are presented. In addition, the WS-PSBS using double thin plates, made from microscope cover plates, has great advantages of economy, convenience, availability, and ease of adjustment over other beam splitting methods. Comparison of stability measurements made with the AS-EBS, WS-PSBS, and other beam splitters is presented.