Between the tail end of 2012 and the early days of 2013, the midstream industry has experienced a wave of companies talking about spinning off certain assets into master limited partnerships. In this video, Motley Fool contributor Aimee Duffy explains the increased activity, considers what types of companies are doing this and why, and takes a look at some success stories along the way.  

Fool contributor Aimee Duffy owns shares of HollyFrontier. Click here to see her holdings and a short bio. If you have the energy, follow her on Twitter, where she goes by @TMFDuffy.  Fool contributor Tyler Crowe has no position in any stocks mentioned.

The Motley Fool owns shares of Devon Energy and Western Refining. 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.