Devon Energy (DVN 0.19%) 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 (ENLC 0.80%) and Crosstex Energy LP (NASDAQ: XTEX).

In this video, Fool.com 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.