Bulk properties of the isostructural oxides MgO, NiO, and CoO have been cal
culated quantum chemically with periodic models and compared with experimen
tal data from the literature. Ab initio Hartree-Fock, gradient-corrected de
nsity-functional methods, and hybrid approaches have been used for the calc
ulation of the lattice constants, heats of atomization, and electronic stru
ctures. General trends of the effects of electron correlation and the treat
ment of exchange on the calculated properties are observed. None of the sta
ndard methods considered provided results in agreement with experimental da
ta for all properties. A combination of Becke's three-parameter exchange fu
nctional and the Lee-Yang-Parr correlation functional (B3LYP) leads to a co
nsistent description of the electronic and structural properties in compara
tive studies of the three compounds. Other methods are more accurate than B
3LYP if certain properties or compounds are considered. The combination of
the Hartree-Fock exchange functional with the Lee-Yang-Parr density-functio
nal correlation is the best method for the open-shell transition-metal oxid
es NiO and CoO in terms of relative stability and geometry and the electron
ic structure of the valence band. The absolute values of calculated heats o
f atomization, however, are generally too small. The density-functional met
hod based on the Perdew-Wang generalized gradient approximation (PWGGA) is
preferable for the calculation of thermodynamic properties for all compound
s but is less reliable in the prediction of structural and electronic prope
rties. A hybrid approach based on the PWGGA method is proposed that improve
s the results for bulk geometries and electronic properties while maintaini
ng the high quality of calculated energetic results.