{"id":10045,"date":"2022-11-10T23:56:00","date_gmt":"2022-11-10T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=10045"},"modified":"2024-12-10T15:19:08","modified_gmt":"2024-12-10T07:19:08","slug":"exxon-mobil-x-market-king","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/","title":{"rendered":"How does Exxon Mobil make money? the former market capitalization king"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/#Exxon_Mobil_discussion_in_my_books\" >Exxon Mobil discussion in my books<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/#Company_profile\" >Company profile<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/#The_former_market_capitalization_king\" >The former market capitalization king<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/#Performance_and_Valuation\" >Performance and Valuation<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/#Business_performance\" >Business performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/#Stock_valuation\" >Stock valuation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/#Oil_is_a_typical_commodity\" >Oil is a typical commodity<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/#Huge_capital_expenditure\" >Huge capital expenditure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/#Comparison_of_earning_power\" >Comparison of earning power<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/#Risks_of_investing_in_Exxon_Mobil\" >Risks of investing in Exxon Mobil<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/#Uncertain_energy_prices\" >Uncertain energy prices<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/#Will_be_replaced_by_green_energy\" >Will be replaced by green energy<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/#New_sources_of_revenue_are_being_explored\" >New sources of revenue are being explored<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/#Extraction_of_Lithium_Metal\" >Extraction of Lithium Metal<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/#Carbon_capture\" >Carbon capture<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/#Related_articles\" >Related articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Exxon_Mobil_discussion_in_my_books\"><\/span>Exxon Mobil discussion in my books<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>I have discussed the company Exxon Mobil (ticker: XOM),  relative industry or topics, in my latest two books; including:<\/p>\n\n\n\n<p>In my book &#8220;<a href=\"https:\/\/www.books.com.tw\/products\/0010889106?sloc=main\" target=\"_blank\" rel=\"noreferrer noopener\">The Rules of Super Growth Stocks Investing<\/a>&#8220;:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Section 4-4, p. 297, discussion of commodity<\/li>\n<\/ul>\n\n\n\n<p>In my book &#8220;<a href=\"https:\/\/www.books.com.tw\/products\/0010935641?sloc=main\" target=\"_blank\" rel=\"noreferrer noopener\">The Rules of 10 Baggers<\/a>&#8220;:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sections 3-7, pp. 166-167, discussion on the energy industry<\/li>\n\n\n\n<li>Sections 6-7, page 323<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Company_profile\"><\/span>Company profile<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>ExxonMobil, with operations around the world, especially in the eastern and southern United States, remains the &#8220;dominant&#8221; in the oil industry today.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_former_market_capitalization_king\"><\/span>The former market capitalization king<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-apple-exxon-idUSTRE7784RX20110809\" target=\"_blank\" rel=\"noreferrer noopener\">Before Apple (ticker: AAPL) ascended to the market capitalization throne of the US stock market in 2008, Exxon Mobil has always been the market capitalization king of the US stock market<\/a>, which I mentioned in the previous article &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/09\/26\/out-of-the-ordinary\/\" target=\"_blank\" rel=\"noreferrer noopener\">How difficult to be out of the ordinary<\/a>&#8220;. Exxon Mobil, the most valuable U.S. company 10 years ago (please note: the world\u2019s largest market capitalization king at the time was the U.S.-listed PetroChina, ticker: PTR), is re-entering the top 10 after ranking 38th at the end of 2020 . Exxon Mobil now ranks 11th with a market cap of $424 billion, according to the S&amp;P Dow Jones Indices.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Performance_and_Valuation\"><\/span>Performance and Valuation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_performance\"><\/span>Business performance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Year 2021<\/td><td>Exxon Mobil<\/td><td> PetroChina<\/td><\/tr><tr><td>Annual revenue and growth rate (million)<\/td><td>278,981 +55.18%<\/td><td>411,384.6 +38.87%<\/td><\/tr><tr><td>Annual gross income and growth rate (million)<\/td><td>90,045 +59.11%<\/td><td>132,860.7 +30.22%<\/td><\/tr><tr><td>Annual operating income and growth rate (million)<\/td><td>26,780 +1818.86%<\/td><td>25,996.5 +3907.3%<\/td><\/tr><tr><td>Annual net income and growth rate (million)<\/td><td>23,040 +2026.74%<\/td><td>18,048.2 +2518.44%<\/td><\/tr><tr><td>Gross margin<\/td><td>32.28%<\/td><td>32.3%<\/td><\/tr><tr><td>Operating margin<\/td><td>9.6%<\/td><td>6.32%<\/td><\/tr><tr><td>Net margin<\/td><td>8.26%<\/td><td>4.39%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stock_valuation\"><\/span>Stock valuation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>6\/10\/2022<\/td><td>Exxon Mobil<\/td><td> PetroChina<\/td><\/tr><tr><td>Market capitalization ($ billion)<\/td><td>414.878<\/td><td>141.573<\/td><\/tr><tr><td>Share price<\/td><td>95.81<\/td><td>53.92<\/td><\/tr><tr><td>P\/E<\/td><td>16.99<\/td><td>6.42<\/td><\/tr><tr><td>Dividend yield<\/td><td>3.56%<\/td><td>6.37%<\/td><\/tr><tr><td>Stock performance in past 5 years (S&amp;P 500 was\uff0b65.13%)<\/td><td>+20.33%<\/td><td>-15.21%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Oil_is_a_typical_commodity\"><\/span>Oil is a typical commodity<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There is no difference between buying oil from Russia or from Saudi Arabia, buying from ExxonMobil and buying from China&#8217;s PetroChina, the only determining factor is the price \u2500 \u2500 anything that meet this requirement is commodities.<\/p>\n\n\n\n<p>In the 4-4 subsections of my book &#8220;The Rules of Super Growth Stocks Investing&#8221;, I spent a lot of time mentioning commodity and the tips that must be paid attention to when investing in commodity. Investors should pay special attention to those tips.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Huge_capital_expenditure\"><\/span>Huge capital expenditure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The energy giant plans to spend between $20 billion and $25 billion a year from 2023 to 2027, and spend $21 billion to $24 billion this year on capital expenditures &#8212; one of the highest in the global energy industry. To its credit, Exxon has maintained adequate capital expenditures in a difficult 2020 and is now beginning to benefit from the success of new explorations such as the huge offshore field in Guyana, where it was heavily invested at the time.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Comparison_of_earning_power\"><\/span>Comparison of earning power<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Gasoline prices in the U.S. hit a record $5 a gallon, and inflation is over 8%. Exxon is expected to generate about $41 billion in net income in 2022, up from $23 billion last year, this year only due to high oil prices and an oil embargo in Russia.<\/p>\n\n\n\n<p>How does Exxon Mobil compare to the tech giants in terms of profits? Apple is by far the champion. It is expected to earn $100 billion this year, followed by Alphabet (tickers: GOOG and GOOGL) with $73 billion, Microsoft (ticker: MSFT) with $70 billion and JPMorgan (ticker: JPM) with $60 billion.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Risks_of_investing_in_Exxon_Mobil\"><\/span>Risks of investing in Exxon Mobil<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Uncertain_energy_prices\"><\/span>Uncertain energy prices<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Investors in Exxon Mobil seem to forget that the company lost money in 2020, when energy prices were at historic lows and the stock was a third of what it is today. Everyone forgets that the company is losing money in 2020, and yes, the biggest company selling oil will lose money too.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Will_be_replaced_by_green_energy\"><\/span>Will be replaced by green energy<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Another risk is that global green energy is in power, and it is an irreversible trend, which is unfavorable in the long run for companies operating in the petrochemical industry, no matter how profitable they are or how large the company is. <\/p>\n\n\n\n<p>Just like the companies selling cigarettes 30 or 40 years ago are almost all the most profitable listed companies in each country, including Altria (ticker: MO) which was once a component of Dow Jones Index. However, after decades of social evolution, the rise of people&#8217;s health awareness, and the repeated tightening of laws and regulations in various countries, tobacco companies around the world are still making money, but they are not good targets for long-term investment. It is the consensus of almost all investors.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"New_sources_of_revenue_are_being_explored\"><\/span>New sources of revenue are being explored<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Extraction_of_Lithium_Metal\"><\/span>Extraction of Lithium Metal<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Shareholders&#8217; concerns that the company will be replaced by green energy are affecting the long-term trend of the company&#8217;s stock price. Of course, ExxonMobil will not sit still. <\/p>\n\n\n\n<p>In May 2023, the company announced its investment in the lithium industry, betting on the vigorous development of electric vehicles and opening up a larger source of revenue for itself. <\/p>\n\n\n\n<p>And in June 2023, ExxonMobil and TETRA(ticker: TTI) reached an agreement with TETRA to jointly develop lithium business. Direct Lithium Extraction (DLE) is being pursued to filter metals from Arkansas brines, but the technology is largely unproven on a commercial scale and is still in its very early stages.<\/p>\n\n\n\n<p>In addition, ExxonMobil has also conducted multiple negotiations with International Battery Metals (International Battery Metals, ticker: IBATF) and energy mining companies on licensing DLE technology to accelerate technology acquisition.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Carbon_capture\"><\/span>Carbon capture<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In July 2023, oil major ExxonMobil agreed to buy CO2 pipeline operator Denbury for $4.9 billion.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"219\" height=\"48\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2022\/11\/xom.jpg\" alt=\"Exxon Mobil\" class=\"wp-image-15567\"\/><figcaption class=\"wp-element-caption\">credit: wikimedia<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_articles\"><\/span>Related articles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/11\/10\/exxon-mobil-x-market-king\/\" target=\"_blank\" rel=\"noreferrer noopener\">How does Exxon Mobil make money? the former market capitalization king<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/08\/29\/occidental-petroleum\/\" target=\"_blank\" rel=\"noreferrer noopener\">How does Occidental Petroleum, which Buffett is heavily betting on, make money? Will become the world&#8217;s largest carbon capturer<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/08\/19\/carbon-capture\/\" target=\"_blank\" rel=\"noreferrer noopener\">Carbon capture current developments, prospects, and related companies<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/01\/18\/nextera-energy\/\">How does Renewable Energy Giant NextEra Energy make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/05\/03\/should-u-chase-esg\/\" target=\"_blank\" rel=\"noreferrer noopener\">Should investors chase the ESG?<\/a>&#8220;<\/li>\n<\/ul>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The content of this site is the author\u2019s personal opinions and is for reference only. I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Exxon Mobil, the former market capitalization king, Company profile, ExxonMobil&#8217;s (ticker: XON) roots include Standard Oil of New Jersey, the largest and most powerful Rockefeller family. In 1998, Exxon merged with Mobil, formerly Standard Oil of New Jersey. <\/p>\n","protected":false},"author":1,"featured_media":15567,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[192,1065,813,527,808,751,131,1066,1063],"tags":[2,97,95,1061,471,815,3,816,1062,297],"class_list":["post-10045","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation","category-climate-change-industry","category-commodity","category-company-bio","category-energy","category-esg","category-food","category-green-energy","category-mining","tag-aapl","tag-goog","tag-googl","tag-ibatf","tag-jpm","tag-mo","tag-msft","tag-ptr","tag-tti","tag-xom"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/10045","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=10045"}],"version-history":[{"count":28,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/10045\/revisions"}],"predecessor-version":[{"id":21533,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/10045\/revisions\/21533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/15567"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=10045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=10045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=10045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}