From Last Monday What is the free cash flow yield for Athabasca Oil? Doesn't this signal that this is very cheap at the moment?
ATH's FCF yield is 9.3%. This is attactive but so are most sector stocks. There are other considerations, such as the fact earnings are expected to decline this year. Still, the stock is doing well (remember this was Monday), it is certainly cheap and the balance sheet has sharply improved over the past year. (5iResearch)