While by no means the worst of the franchise it's not a very good entry. You can see a lot of creativity and inspiration in the scenarios presented to that are attempting to inspire horror and intensity but the film is held back by poor character and plot writing.
The acting and effects are the major selling points as it all feels right at home in the Alien setting. Unfortunately much of the plot comes down to constant coincidence carrying it along and dumb luck. Most of the characters are some of the dumbest people you could have put into the scenario making terrible choices left and right in order to manufacture additional drama.