Devon Energy (NYSE:DVN) is really making the most of its midstream assets. After bagging its initial idea to spin off a small percentage of its pipeline and processing assets into a midstream master limited partnership, Devon is going big and merging those assets with Crosstex Energy Inc (NYSE:ENLC) and Crosstex Energy LP (NYSE:ENLK).

In this video, contributor Aimee Duffy takes a look at how the new merger benefits Devon Energy, and what investors need to think about before investing in either the new general partner or the new master limited partnership.

Fool contributor Aimee Duffy has no position in any stocks mentioned. 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.