The chromatographic properties and thermal stability are investigated for the polymeric stationary phase based on the norbornene polymer. It was shown that without additional cross-linking, poly(3-(tributoxysilyl)tricyclononene-7) demonstrates properties similar to liquid chromatographic stationary phases. It was also found to be more thermally stable than previously studied trimethylsilyl- and trimethoxysilyl- derivatives. The long-term heating at 170 °C resulted in an increase of mass transfer rate between stationary and mobile phases which could be observed as a decrease of parameter C of Van Deemter equation. This effect is rather unusual, as the polymeric stationary phases tend in decrease of the layer volume and porosity while ageing. Additionally, the values of thermodynamic parameters of sorption are calculated for the polymeric stationary phase: enthalpy of sorption varied −28 to −37 kJ/mol, entropy change was −41 to −51 J/mol K. The compensation curves were plotted for the alkanes, arenes, and alcohols, and the parameters of compensation plot were calculated, demonstrating the different sorption mechanisms both for hydrocarbons and oxygen-containing compounds, and different classes of organic compounds.