Valero boosts board with ex-CFO and wins $432.2M DLA fuel contract

Valero (VLO) named former CFO Matthew Audette to its board and won a $432.2M one-year Defense Logistics Agency (DLA) fuel contract; shares are trading near 17.2x trailing EPS with a $119.7B market cap and 1.16% yield after 2025 net income of $2.34B.