1,2,4-Triazol-3-one (TO) is an important nitrogen-rich heterocycle in synthesis chemistry. In the field of energetic materials, some synthesis strategies are applied to prepare TO-derived energetic materials. However, none of them can be used as a heat-resistant energetic material due to their lower decomposition temperatures. In this paper, a series of energetic TO derivatives 4−13 were prepared from 5oxo-4,5-dihydro-1H-1,2,4-triazole-3-carboxylic acid. These compounds were fully characterized by using elemental analysis, 1 H and 13 C NMR spectroscopy, IR analysis, and MS. The crystal structures of fused-ring compound 6 and perchlorate 8 were further identified using single-crystal X-ray diffraction. Most compounds exhibit good thermostability (T d = 166.5−324.5 °C), low sensitivities (impact sensitivity IS ≥ 20 J; friction sensitivity FS ≥ 360 N), good detonation performance (D v = 7905−8753 m s −1 ), and positive heats of formation (ΔH f = 295.9−1121.1 kJ mol −1 ), except compound 9 (T d = 92 °C; IS = 15 J; FS = 240 N). Among these target molecules, compound 6 with a high decomposition temperature (T d = 324.5 °C), a high density (ρ = 1.859 g cm −3 ), low sensitivities (IS > 40 J; FS > 360 N), and a decent detonation performance (D v = 8406 m s −1 ; P = 29.2 GPa) is superior to the traditional heat-resistant explosive hexanitrostilbene (T d = 318 °C; ρ = 1.750 g cm −3 ; IS = 5 J; FS = 240 N; D v = 7612 m s −1 ; P = 26.3 GPa) and can be used as an insensitive and thermostable energetic material.