RE:Lagging behindTolly, I didn't think the last divy increase was "way short". I prefer slow and steady medium sized divy increases. I've been around a long time and seen lots of oil companies with outsized dividends slash them very quickly when prices turned. I want to know my divy, although it is moderate, is safe. WCP had an outsized dividend in 2014 that was deeply cut, I know they don't want to do that again.
As I said before, I think wcp's combination of growth (and asset improvement) and decent shareholder returns is sustainable for the long run.