The Oklahoma Festival Ballet is the resident ballet company of the University of Oklahoma. The company maintains a repertoire of over 33 short ballets and numerous full-length ballets in styles ranging from classical to romantic, abstract to contemporary and dramatic to comedic. Such choreographers as Massine, Balanchine, Terekhov, Fokine, Stevenson and Joffrey are represented in the repertoire.

The Oklahoma Festival Ballet is a company of 40 dancers. The company is efficiently organized for touring and boasts an impressive national and international touring schedule, which has included performances in Taiwan, Mexico, Ecuador and France.

Oklahoma Festival Ballet is proud of its graduates, who have gone on to perform with companies such as the Boston Ballet, Houston Ballet, Joffrey Ballet, Dance Theatre of Harlem, Louisville Ballet, Pacific Northwest Ballet, Ballet Nouveau, Cincinnati Ballet, Ballet Arizona, Atlanta Ballet, Pittsburg Ballet Theatre and Ballet Ireland.

Guest artists from companies such as Cincinnati Ballet, Ballet Austin, Tulsa Ballet Theatre, Nashville Ballet, American Ballet Theatre and Ballet Arizona frequently perform and work with the Oklahoma Festival Ballet. Recent guests include Kathleen Tracey and Zippora Karz representing the Balanchine Trust; Bruce Wells of Pacific Northwest Ballet Academy; Virginia Johnson, former ballerina of Dance Theatre of Harlem and current editor of Pointe magazine; Mary Munro; noted international critic and historian, Camille Hardy; Dennis Poole and Clara Cravey, former Houston Ballet Academy Principal.