October 21, 2013 at 12:48 PM EDT
Devon To Combine Midstream Assets With Crosstex Energy

Devon Energy Corp. (NYSE: DVN) will combine its midstream assets with Crosstex Energy Inc. (Nasdaq: XTXI) and Crosstex Energy LP (Nasdaq: XTEX) to form a new midstream business. Shares of Devon climbed $1.61 to $64.82 while Crosstex Energy Inc. stock leaped $12.78 to $33.38. Crosstex Energy LP stock surged $7.99 to $28.34.


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