The following video is from Thursday's Digging for Value, in which host Alison Southwick, Motley Fool analyst Michael Olsen and contributor Tyler Crowe dive deep into the top stories for today's energy sector investors.The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors: @TMFEnergy.

The recent move by Devon Energy (NYSE:DVN) to merge its midstream operations with Crosstex Energy (NYSE:ENLC) and its Master limited Partnership Crosstex Energy LP (NYSE:ENLK) created a lot of clamor in the market. In many ways, this deal was beneficial for all parties involved. But who actually got the best end of the deal? In this segment, Michael explains why Devon may not have had a big market jump like the others -- and why this company is grossly undervalued.

Alison Southwick has no position in any stocks mentioned. Michael Olsen, CFA owns shares of Devon Energy. Fool contributor Tyler Crowe has no position in any stocks mentioned. The Motley Fool owns shares of Devon Energy. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.