The CEO of Pembina Pipeline Corp. says the Trans Mountain pipeline system would fit neatly into his company's business model but he wouldn't want the "noise'' associated with its controversial expansion project.

There's a "seller's market'' for attractive assets like those held by its Canadian subsidiary, the CEO of Kinder Morgan Inc. said on a conference call Wednesday to discuss third-quarter results.

Kinder Morgan Canada Ltd. says it had a net income of $13.7 million in the second quarter, down from $25.1 million for the same quarter last year.