Pomerantz LLP Investigates Sempra for Securities Fraud
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 02 2026
0mins
Should l Buy SRE?
Source: PRnewswire
- Disappointing Financial Results: Sempra reported annual revenue of $3.76 billion for 2024, missing consensus estimates by $970 million, indicating significant challenges in financial management that could undermine investor confidence.
- Earnings Guidance Cut: The company lowered its 2025 earnings guidance from $5.00 to $4.50 per share, primarily due to higher interest and operating expenses and lower consumption from mild weather, which may further dampen shareholder return expectations.
- Stock Price Plunge: Following the earnings report on February 25, 2025, Sempra's stock price fell by $16.54, or 18.97%, closing at $70.64, reflecting strong market concerns about the company's future performance.
- Legal Investigation Initiated: Pomerantz LLP is investigating whether Sempra and its executives engaged in securities fraud or other unlawful business practices, which could lead to further legal repercussions affecting the company's reputation and shareholder interests.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy SRE?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on SRE
Wall Street analysts forecast SRE stock price to rise
12 Analyst Rating
9 Buy
3 Hold
0 Sell
Strong Buy
Current: 94.020
Low
89.00
Averages
100.58
High
115.00
Current: 94.020
Low
89.00
Averages
100.58
High
115.00
About SRE
Sempra is a North American energy infrastructure company. The Company's businesses invest in, develop and operate energy infrastructure, and provide electric and gas services to customers. Its segments include Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. The Sempra California segment provides natural gas and electric service to Southern California and part of central California through its subsidiaries, SDG&E and SoCalGas. The Sempra Texas Utilities segment holds its investment in Oncor Holdings, which owns an over 80.25% interest in Oncor, a regulated electric transmission and distribution utility serving customers in the north-central, eastern, western and panhandle regions of Texas, and its indirect 50% interest in Sharyland Holdings, which owns Sharyland Utilities, a regulated electric transmission utility serving customers near the Texas-Mexico border. The Sempra Infrastructure segment develops, builds, operates and invests in energy infrastructure.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Earnings Release Schedule: Oncor Electric Delivery Company plans to release its Q1 2026 financial results on May 7, prior to Sempra's earnings call, ensuring timely access to critical information for investors.
- Conference Call Details: Sempra executives will host a conference call at 12 p.m. ET on May 7 to discuss Oncor's Q1 operational and financial results, enhancing transparency and fostering investor communication.
- Live Webcast Availability: Investors, media, and the public can register on Sempra's investor section to listen to the live webcast of the conference call, ensuring broad participation and information dissemination.
- Regulatory Compliance: Oncor will file its 10-Q quarterly report for the period ending March 31, 2026, with the U.S. Securities and Exchange Commission after Sempra's call, further enhancing its compliance and transparency in information disclosure.
See More
- Earnings Release Schedule: Oncor Electric plans to release its Q1 2026 results on May 7, prior to Sempra's earnings call, ensuring timely access to critical information for investors.
- Conference Call Details: Sempra executives will host a call at 12 p.m. ET on May 7 to discuss Oncor's financial and operational results, enhancing transparency and attracting investor interest.
- Live Webcast Availability: Investors, media, and the public can register on Sempra's investor section to listen to the live webcast of the call, ensuring real-time access to Oncor's latest developments.
- Quarterly Report Filing: Oncor will file its 10-Q report for the period ending March 31, 2026, with the SEC after Sempra's call, further enhancing the company's compliance and transparency in information disclosure.
See More
- Earnings Release Schedule: Sempra plans to announce its Q1 2026 earnings results on May 7 at 8 a.m. ET, showcasing the company's latest performance and developments in the energy sector.
- Conference Call Details: Senior leaders will host a conference call at 12 p.m. ET on the same day, providing a slide presentation aimed at offering investors and analysts a detailed interpretation of the earnings report and future outlook.
- Investor Participation: Investors, analysts, and others can register to listen to the live webcast and view related materials by visiting Sempra's Investors site, enhancing transparency and information sharing.
- Company Mission and Achievements: Sempra is committed to building America's leading utility growth business, playing a crucial role in power supply and energy resilience in California and Texas, two of the largest economies in the U.S.
See More
- Earnings Release Schedule: Sempra plans to release its Q1 2026 earnings results on May 7, 2026, at 8 a.m. ET, highlighting the company's financial performance and future outlook in the energy sector.
- Conference Call Details: Senior leaders will host a conference call at 12 p.m. ET on the same day, providing a slide presentation aimed at sharing key financial data and strategic direction with investors and analysts.
- Investor Registration Information: Investors, analysts, and others can register to listen to the live webcast by visiting Sempra's Investors site, ensuring they stay updated on the company's latest developments.
- Company Mission and Vision: Sempra is committed to building America's leading utility growth business, playing a crucial role in electrifying and enhancing energy resilience in California and Texas, the two largest economies in the U.S.
See More
- New Additions: Jim Cramer added ARM Holdings and FedEx to the Bullpen, with ARM's recent in-house chip launch making it a bullish prospect at $161 per share, while FedEx, up about 30% this year, remains 'dramatically undervalued'.
- FedEx Restructuring: FedEx is spinning off its less-than-truckload unit, FedEx Freight, expected to complete by June 1, a move that typically creates more shareholder value, with Jim praising CEO Raj Subramaniam for navigating a competitive landscape effectively.
- Removed Stocks: Jim removed Airbnb and Marvell Technology from the watchlist, citing Airbnb's episodic performance as a concern, while Marvell's 57% rally in 2026 indicated a missed buying opportunity.
- Market Monitoring: Jim continues to monitor Sempra and RTX Corporation, with Sempra up over 8% year-to-date, while RTX could benefit from increased defense production, with Jim planning to decide post RTX's first-quarter results on April 21.
See More
- Disappointing Financial Results: Sempra reported $3.76 billion in annual revenue for 2024 on February 25, 2025, missing consensus estimates by $970 million, which has led to diminished investor confidence in the company's future performance.
- Earnings Guidance Cut: The company lowered its 2025 earnings guidance to $4.50 per share from a previous forecast of $5.00, primarily due to higher interest and operating expenses, as well as lower consumption attributed to mild weather, indicating significant operational challenges ahead.
- Stock Price Plunge: Following the earnings report, Sempra's stock price fell by $16.54, or 18.97%, closing at $70.64, reflecting the market's pessimistic sentiment regarding the company's outlook.
- Legal Investigation Initiated: Pomerantz LLP is investigating whether Sempra and its executives have engaged in securities fraud or other unlawful business practices, which could further impact the company's legal liabilities and reputation moving forward.
See More










