Atlas Energy: More 'Criminally Undervalued' Than Cramer Realizes

As many of you know, I have been a longtime fan of the Atlas family of companies.  For those that are interested you can find a brief write up of mine of the parent company, Atlas America (ATLS) here.  Of the Atlas America subsidiaries, Atlas Energy Resources (ATN) has been catching the eye of members of the investment community of late.  One of its more vocal proponents has been Jim Cramer.  

Mr. Cramer’s involvement and discussion of the stock means that the investment thesis behind Atlas Energy Resources is becoming increasingly understood by mainstream investors, which is a great thing for those shareholders that got into the stock long ago.  Nevertheless, market pundits such as Mr. Cramer are still failing to differentiate Atlas Energy Resources from its peers.  Regarding Atlas Energy Resources Mr. Cramer recently stated that, “Atlas Energy is criminally undervalued" and that at its current price it is an absolute steal.